2, MATMORE GATE, SPALDING, PE11 2PN - £195,000

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

2 MATMORE GATE is a very large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £195,000 in January 2023, which was around 35% below the average January 2023 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

2 MATMORE GATE Sold Prices

Land registry data shows two sales for 2 MATMORE GATE 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. Both of the two 2 MATMORE GATE 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
2023 6 JAN	£195,000	£297,859	35% below HPI
2006 22 NOV	£130,000	£186,241	30% below HPI

2 MATMORE GATE 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 2 MATMORE GATE sales from November 2006 and January 2023 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 November 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 MATMORE GATE?

2 MATMORE GATE is 164m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 MATMORE GATE lies on this distribution: 88% of detached houses are smaller than 2 MATMORE GATE, and 12% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 MATMORE GATE: Plot and Title Map

2 MATMORE GATE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 MATMORE GATE, 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 MATMORE GATE). 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 MATMORE GATE?

2 MATMORE GATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on MATMORE GATE.