2, BROADGATE, WHAPLODE DROVE, SPALDING, PE12 0TN - £211,000

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

2 BROADGATE is a very large detached house of 192m², built sometime between 1976 and 1982. It was last sold for £211,000 in May 2011, which was around 28% above the average May 2011 detached price in the South Holland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

2 BROADGATE Sold Prices

Land registry data shows four sales for 2 BROADGATE 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 2 BROADGATE 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
2011 27 MAY	£211,000	£165,145	28% above HPI
2009 27 MAR	£165,000	£159,581	3% above HPI
2008 23 JAN	£250,000	£195,510	28% above HPI
1996 17 DEC	£65,500	£55,139	19% above HPI

2 BROADGATE 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 2 BROADGATE sales between December 1996 and May 2011 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 March 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2011 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 BROADGATE?

2 BROADGATE is 192m² according to the EPC inspection conducted in December 2008. This puts it in the largest 20% of detached houses in Whaplode Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode Drove, and where 2 BROADGATE lies on this distribution: 89% of detached houses are smaller than 2 BROADGATE, and 11% of houses are larger. Note that EPC data is not available for all properties in Whaplode Drove.

2 BROADGATE: Plot and Title Map

2 BROADGATE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 2 BROADGATE, 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 2 BROADGATE). 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 2 BROADGATE?

2 BROADGATE is located in WHAPLODE DROVE, in the PE12 postcode district. The below map shows the position of No. 2 on BROADGATE.