17, HILLGATE, GEDNEY HILL, SPALDING, PE12 0NN - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 HILLGATE is a small detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £249,195. It was last sold for £225,000 in April 2021, which was around 10% below the average April 2021 detached price in the South Holland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

17 HILLGATE Sold Prices

Land registry data shows six sales for 17 HILLGATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the six 17 HILLGATE 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
2021 16 APR	£225,000	£251,169	10% below HPI
2017 13 APR	£185,000	£219,176	16% below HPI
2013 13 MAY	£168,000	£161,571	4% above HPI
2007 18 OCT	£172,950	£196,742	12% below HPI
2006 24 FEB	£142,500	£182,891	22% below HPI
2005 26 JUL	£155,500	£168,771	8% below HPI

17 HILLGATE 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 six 17 HILLGATE sales between July 2005 and April 2021 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 HILLGATE be worth now?

17 HILLGATE might now be worth an estimated £249,195.

This is based on house price inflation of 10.8%, between April 2021 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 17 HILLGATE of £225,000 on 16th April 2021. For the value to have increased from £225,000 to £249,195 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 17 HILLGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HILLGATE has not materially changed since April 2021.

How Large is 17 HILLGATE?

17 HILLGATE is 104m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney Hill, and where 17 HILLGATE lies on this distribution: 25% of detached houses houses are smaller than 17 HILLGATE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

17 HILLGATE: Plot and Title Map

17 HILLGATE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 17 HILLGATE, 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 17 HILLGATE). 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 17 HILLGATE?

17 HILLGATE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 17 on HILLGATE.