12, STATION ROAD, GEDNEY HILL, SPALDING, PE12 0NP - £205,000

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

12 STATION ROAD is a very small semi-detached house of 95m², built sometime between 2007 and 2011. It was last sold for £205,000 in October 2020, which was around 15% below the average October 2020 detached price in the South Holland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

12 STATION ROAD Sold Prices

Land registry data shows five sales for 12 STATION ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 12 STATION ROAD 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 23 OCT	£205,000	£241,697	15% below HPI
2018 27 JUL	£175,000	£235,600	26% below HPI
2016 28 JAN	£146,000	£200,755	27% below HPI
2013 28 MAR	£124,995	£162,523	23% below HPI
2009 9 APR	£135,000	£158,756	15% below HPI

12 STATION ROAD 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 five 12 STATION ROAD sales between April 2009 and October 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 July 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 STATION ROAD?

12 STATION ROAD is 95m² according to the EPC inspection conducted in November 2023. 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 12 STATION ROAD lies on this distribution: 16% of detached houses are smaller than 12 STATION ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

12 STATION ROAD: Plot and Title Map

12 STATION ROAD sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 12 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

12 STATION ROAD is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 12 on STATION ROAD.