18, MEADOWGATE LANE, SPALDING, PE11 1NF - £302,000

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

18 MEADOWGATE LANE is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £302,000 in September 2022, which was about the average September 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

18 MEADOWGATE LANE Sold Prices

Land registry data shows two sales for 18 MEADOWGATE LANE 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. One of the two 18 MEADOWGATE LANE sales was roughly equal to the average price, whilst the other 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
2022 6 SEP	£302,000	£300,708	Close to HPI
2020 21 OCT	£205,000	£241,697	15% below HPI

18 MEADOWGATE LANE 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 18 MEADOWGATE LANE sales from October 2020 and September 2022 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 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 MEADOWGATE LANE?

18 MEADOWGATE LANE is 108m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 18 MEADOWGATE LANE lies on this distribution: 48% of detached houses are smaller than 18 MEADOWGATE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 MEADOWGATE LANE: Plot and Title Map

18 MEADOWGATE LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 18 MEADOWGATE LANE, 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 18 MEADOWGATE LANE). 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 18 MEADOWGATE LANE?

18 MEADOWGATE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 18 on MEADOWGATE LANE.