15, LOWGATE, LUTTON, SPALDING, PE12 9HP - £157,000

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

15 LOWGATE is a midsized extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £157,000 in February 2005, which was around 10% below the average February 2005 detached price in the South Holland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

15 LOWGATE Sold Prices

Land registry data shows three sales for 15 LOWGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 15 LOWGATE 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
2005 25 FEB	£157,000	£174,202	10% below HPI
2002 12 APR	£75,000	£103,480	28% below HPI
1997 9 APR	£45,950	£59,353	23% below HPI

15 LOWGATE 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 three 15 LOWGATE sales between April 1997 and February 2005 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 April 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2005 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 15 LOWGATE?

15 LOWGATE is 97m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where 15 LOWGATE lies on this distribution: 42% of detached houses are smaller than 15 LOWGATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lutton.

15 LOWGATE: Plot and Title Map

15 LOWGATE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 15 LOWGATE, 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 15 LOWGATE). 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 15 LOWGATE?

15 LOWGATE is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 15 on LOWGATE.