44A, MEADOWGATE LANE, SPALDING, PE11 1NF - £120,000

44A MEADOWGATE LANE is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £120,000 in July 2017, which was around 47% below the average July 2017 detached price in the South Holland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

44A MEADOWGATE LANE Sold Prices

Land registry data shows two sales for 44A MEADOWGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 44A MEADOWGATE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 JUL	£120,000	£224,502	47% below HPI
1999 12 MAR	£45,500	£66,224	31% below HPI

44A MEADOWGATE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 44A MEADOWGATE LANE sales from March 1999 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 44A MEADOWGATE LANE?

44A MEADOWGATE LANE is 50m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 44A MEADOWGATE LANE lies on this distribution: 1% of detached houses are smaller than 44A MEADOWGATE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Spalding.

44A MEADOWGATE LANE: Plot and Title Map

44A MEADOWGATE LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 44A MEADOWGATE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 44A MEADOWGATE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 44A MEADOWGATE LANE?

44A MEADOWGATE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 44A on MEADOWGATE LANE.