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

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

17 HILLGATE is a small detached house of 104m², built sometime between 1991 and 1995. It was last sold for £225,000 in April 2021, which was around 11% 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	£252,405	11% below HPI
2017 13 APR	£185,000	£220,255	16% below HPI
2013 13 MAY	£168,000	£162,366	3% above HPI
2007 18 OCT	£172,950	£197,710	13% below HPI
2006 24 FEB	£142,500	£183,791	22% below HPI
2005 26 JUL	£155,500	£169,602	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 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Hill, and where 17 HILLGATE lies on this distribution: 24% of detached houses are smaller than 17 HILLGATE, and 76% 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.