12, GERSHWIN LANE, SPALDING, PE11 3WF - £134,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 GERSHWIN LANE is a very small semi-detached house of 77m², built sometime from 2007 onwards. It was last sold for £134,500 in September 2014, which was around 27% below the average September 2014 detached price in the South Holland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

12 GERSHWIN LANE Sold Prices

Land registry data shows two sales for 12 GERSHWIN 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 12 GERSHWIN 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
2014 8 SEP	£134,500	£183,974	27% below HPI
2008 14 NOV	£129,995	£162,954	20% below HPI

12 GERSHWIN 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 12 GERSHWIN LANE sales from November 2008 and September 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 November 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 GERSHWIN LANE?

12 GERSHWIN LANE is 77m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 12 GERSHWIN LANE lies on this distribution: 14% of detached houses are smaller than 12 GERSHWIN LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 GERSHWIN LANE: Plot and Title Map

12 GERSHWIN LANE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 12 GERSHWIN 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 12 GERSHWIN 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 12 GERSHWIN LANE?

12 GERSHWIN LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 12 on GERSHWIN LANE.