12, CHAPEL GATE, WHAPLODE DROVE, SPALDING, PE12 0TR - £165,000

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

12 CHAPEL GATE is a midsized detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £265,797. It was last sold for £165,000 in April 2014, which was around 7% below the average April 2014 detached price in the South Holland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was D.

12 CHAPEL GATE Sold Prices

Land registry data shows four sales for 12 CHAPEL GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 12 CHAPEL GATE 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
2014 29 APR	£165,000	£177,535	7% below HPI
2009 21 DEC	£146,000	£163,730	11% below HPI
2001 31 JUL	£60,000	£92,881	35% below HPI
1996 22 NOV	£50,000	£54,733	9% below HPI

12 CHAPEL GATE 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 four 12 CHAPEL GATE sales between November 1996 and April 2014 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 December 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 12 CHAPEL GATE be worth now?

12 CHAPEL GATE might now be worth an estimated £265,797.

This is based on house price inflation of 61.1%, between April 2014 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 61.1% inflationary increase is applied to the most recent sale price for 12 CHAPEL GATE of £165,000 on 29th April 2014. For the value to have increased from £165,000 to £265,797 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 12 CHAPEL GATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHAPEL GATE has not materially changed since April 2014.

How Large is 12 CHAPEL GATE?

12 CHAPEL GATE is 111m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Whaplode Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whaplode Drove, and where 12 CHAPEL GATE lies on this distribution: 48% of detached houses houses are smaller than 12 CHAPEL GATE, and 52% of houses are larger. Note that EPC data is not available for all properties in Whaplode Drove.

12 CHAPEL GATE: Plot and Title Map

12 CHAPEL GATE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 12 CHAPEL GATE, 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 12 CHAPEL GATE). 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 12 CHAPEL GATE?

12 CHAPEL GATE is located in WHAPLODE DROVE, in the PE12 postcode district. The below map shows the position of No. 12 on CHAPEL GATE.