18, ROMAN BANK, GEDNEY DYKE, SPALDING, PE12 0AR - £150,000

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

18 ROMAN BANK is a very small detached house of 42m², built sometime between 2003 and 2006. It was last sold for £150,000 in July 2013, which was around 8% below the average July 2013 detached price in the South Holland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

18 ROMAN BANK Sold Prices

Land registry data shows four sales for 18 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 18 ROMAN BANK 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
2013 5 JUL	£150,000	£163,642	8% below HPI
2008 30 JUL	£156,000	£188,340	17% below HPI
2004 27 FEB	£127,500	£152,206	16% below HPI
2002 9 AUG	£25,000	£114,036	78% below HPI

18 ROMAN BANK 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 four 18 ROMAN BANK sales between August 2002 and July 2013 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 July 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 18 ROMAN BANK?

18 ROMAN BANK is 42m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where 18 ROMAN BANK lies on this distribution: Less than 1% of detached houses are smaller than 18 ROMAN BANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

18 ROMAN BANK: Plot and Title Map

18 ROMAN BANK sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 18 ROMAN BANK, 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 ROMAN BANK). 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 ROMAN BANK?

18 ROMAN BANK is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 18 on ROMAN BANK.