1, LOWGATE, FLEET, SPALDING, PE12 8LN - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LOWGATE is a small detached house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £258,052. It was last sold for £210,000 in May 2020, which was around 10% below the average May 2020 detached price in the South Holland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 LOWGATE Sold Prices

Land registry data shows three sales for 1 LOWGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 1 LOWGATE 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
2020 1 MAY	£210,000	£232,735	10% below HPI
2016 19 AUG	£187,000	£208,544	10% below HPI
2007 26 JAN	£67,500	£185,646	64% below HPI

1 LOWGATE 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 three 1 LOWGATE sales between January 2007 and May 2020 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 August 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, which was also at 10% below the HPI.

What might 1 LOWGATE be worth now?

1 LOWGATE might now be worth an estimated £258,052.

This is based on house price inflation of 22.9%, between May 2020 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 1 LOWGATE of £210,000 on 1st May 2020. For the value to have increased from £210,000 to £258,052 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 1 LOWGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOWGATE has not materially changed since May 2020.

How Large is 1 LOWGATE?

1 LOWGATE is 92m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where 1 LOWGATE lies on this distribution: 37% of detached houses houses are smaller than 1 LOWGATE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

1 LOWGATE: Plot and Title Map

1 LOWGATE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 LOWGATE, 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 1 LOWGATE). 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 1 LOWGATE?

1 LOWGATE is located in FLEET, in the PE12 postcode district. The below map shows the position of No. 1 on LOWGATE.