16, FENGATE, MOULTON CHAPEL, SPALDING, PE12 0XL - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 FENGATE is a midsized extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £395,000 in May 2023, which was around 38% above the average May 2023 detached price in the South Holland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was D.

16 FENGATE Sold Prices

Land registry data shows three sales for 16 FENGATE 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. Two of the three 16 FENGATE sales were for above the average price, whilst one was 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
2023 11 MAY	£395,000	£285,306	38% above HPI
2017 31 MAR	£223,500	£217,553	3% above HPI
2009 9 OCT	£115,000	£154,532	26% below HPI

16 FENGATE 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 16 FENGATE sales between October 2009 and May 2023 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 March 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 16 FENGATE?

16 FENGATE is 130m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Moulton Chapel, based on EPC data. The below chart shows the distribution of detached houses by size in Moulton Chapel, and where 16 FENGATE lies on this distribution: 48% of detached houses are smaller than 16 FENGATE, and 52% of houses are larger. Note that EPC data is not available for all properties in Moulton Chapel.

16 FENGATE: Plot and Title Map

16 FENGATE sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 16 FENGATE, 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 16 FENGATE). 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 16 FENGATE?

16 FENGATE is located in MOULTON CHAPEL, in the PE12 postcode district. The below map shows the position of No. 16 on FENGATE.