16, LOWGATE, LUTTON, SPALDING, PE12 9HP - £195,000

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

16 LOWGATE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £195,000 in June 2011, which was around 22% above the average June 2011 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

16 LOWGATE Sold Prices

Land registry data shows two sales for 16 LOWGATE 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 16 LOWGATE sales were for above 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
2011 7 JUN	£195,000	£159,412	22% above HPI
2002 3 OCT	£129,500	£123,307	5% above HPI

16 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 two 16 LOWGATE sales from October 2002 and June 2011 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 October 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2011 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 16 LOWGATE?

16 LOWGATE is 131m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where 16 LOWGATE lies on this distribution: 74% of detached houses are smaller than 16 LOWGATE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lutton.

16 LOWGATE: Plot and Title Map

16 LOWGATE sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of 16 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 16 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 16 LOWGATE?

16 LOWGATE is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 16 on LOWGATE.