19, GERSHWIN LANE, SPALDING, PE11 3WF - £265,000

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.

19 GERSHWIN LANE is a large detached house of 125m², built sometime from 2007 onwards, which could now be worth an estimated £281,972. It was last sold for £265,000 in September 2021, which was around 1% above the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

19 GERSHWIN LANE Sold Prices

Land registry data shows three sales for 19 GERSHWIN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 19 GERSHWIN LANE 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
2021 29 SEP	£265,000	£261,434	1% above HPI
2012 20 SEP	£183,000	£169,564	8% above HPI
2009 22 MAY	£170,000	£152,724	11% above HPI

19 GERSHWIN 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 three 19 GERSHWIN LANE sales between May 2009 and September 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 September 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 19 GERSHWIN LANE be worth now?

19 GERSHWIN LANE might now be worth an estimated £281,972.

This is based on house price inflation of 6.4%, between September 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 6.4% inflationary increase is applied to the most recent sale price for 19 GERSHWIN LANE of £265,000 on 29th September 2021. For the value to have increased from £265,000 to £281,972 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 19 GERSHWIN LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 19 GERSHWIN LANE has not materially changed since September 2021.

How Large is 19 GERSHWIN LANE?

19 GERSHWIN LANE is 125m² according to the EPC inspection conducted in December 2011. This puts it in the largest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 19 GERSHWIN LANE lies on this distribution: 67% of detached houses houses are smaller than 19 GERSHWIN LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Spalding.

19 GERSHWIN LANE: Plot and Title Map

19 GERSHWIN LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 19 GERSHWIN 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 19 GERSHWIN 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 19 GERSHWIN LANE?

19 GERSHWIN LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 19 on GERSHWIN LANE.