19B, HILLGATE, GEDNEY HILL, SPALDING, PE12 0NN - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19B HILLGATE is a very small detached house of 98m², built in 2021, which could now be worth an estimated £337,536. It was last sold for £300,000 in June 2021, which was around 18% above the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

19B HILLGATE Sold Prices

Land registry data shows two sales for 19B HILLGATE 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 19B HILLGATE sales was for above 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
2021 30 JUN	£300,000	£254,185	18% above HPI
2019 25 FEB	£29,999	£232,817	87% below HPI

19B 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 two 19B HILLGATE sales from February 2019 and June 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 February 2019 sale was for 87% below the HPI. So the extrapolation line tracks at 87% below the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 19B HILLGATE be worth now?

19B HILLGATE might now be worth an estimated £337,536.

This is based on house price inflation of 12.5%, between June 2021 and December 2024, 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 12.5% inflationary increase is applied to the most recent sale price for 19B HILLGATE of £300,000 on 30th June 2021. For the value to have increased from £300,000 to £337,536 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 19B HILLGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 19B HILLGATE has not materially changed since June 2021.

How Large is 19B HILLGATE?

19B HILLGATE is 98m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 19B HILLGATE lies on this distribution: 19% of detached houses houses are smaller than 19B HILLGATE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

19B HILLGATE: Plot and Title Map

19B HILLGATE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 19B 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 19B 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 19B HILLGATE?

19B HILLGATE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 19B on HILLGATE.