1, MAIN STREET, GEDNEY DYKE, SPALDING, PE12 0AJ - £340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 MAIN STREET is a midsized extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £340,000 in December 2022, which was around 13% above the average December 2022 detached price in the South Holland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 MAIN STREET Sold Prices

Land registry data shows two sales for 1 MAIN STREET 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 1 MAIN STREET sales were for above 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
2022 15 DEC	£340,000	£300,094	13% above HPI
1996 2 AUG	£69,950	£55,841	25% above HPI

1 MAIN STREET 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 1 MAIN STREET sales from August 1996 and December 2022 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 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 MAIN STREET?

1 MAIN STREET is 136m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where 1 MAIN STREET lies on this distribution: 58% of detached houses are smaller than 1 MAIN STREET, and 42% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

1 MAIN STREET: Plot and Title Map

1 MAIN STREET sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 1 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

1 MAIN STREET is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 1 on MAIN STREET.