1, WEST DROVE SOUTH, GEDNEY HILL, SPALDING, PE12 0PN - £48,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WEST DROVE SOUTH is a very small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £48,500 in November 1997, which was around 19% below the average November 1997 detached price in the South Holland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was C.

1 WEST DROVE SOUTH Sold Prices

Land registry data shows two sales for 1 WEST DROVE SOUTH 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 WEST DROVE SOUTH 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
1997 14 NOV	£48,500	£59,814	19% below HPI
1997 23 MAY	£47,000	£59,061	20% below HPI

1 WEST DROVE SOUTH 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 WEST DROVE SOUTH sales from May 1997 and November 1997 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 May 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 1997 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 WEST DROVE SOUTH?

1 WEST DROVE SOUTH is 98m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Hill, and where 1 WEST DROVE SOUTH lies on this distribution: 18% of detached houses are smaller than 1 WEST DROVE SOUTH, and 80% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

1 WEST DROVE SOUTH: Plot and Title Map

1 WEST DROVE SOUTH sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 WEST DROVE SOUTH, 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 WEST DROVE SOUTH). 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 WEST DROVE SOUTH?

1 WEST DROVE SOUTH is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 1 on WEST DROVE SOUTH.