24, GERSHWIN LANE, SPALDING, PE11 3WF - £375,000

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

24 GERSHWIN LANE is a large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £375,000 in June 2022, which was around 30% above the average June 2022 detached price in the South Holland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

24 GERSHWIN LANE Sold Prices

Land registry data shows three sales for 24 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 24 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
2022 7 JUN	£375,000	£289,234	30% above HPI
2014 1 DEC	£232,500	£183,883	26% above HPI
2008 17 JUN	£249,995	£192,190	30% above HPI

24 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 24 GERSHWIN LANE sales between June 2008 and June 2022 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 December 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 24 GERSHWIN LANE?

24 GERSHWIN LANE is 141m² according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 24 GERSHWIN LANE lies on this distribution: 78% of detached houses are smaller than 24 GERSHWIN LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Spalding.

24 GERSHWIN LANE: Plot and Title Map

24 GERSHWIN LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 24 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 24 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 24 GERSHWIN LANE?

24 GERSHWIN LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 24 on GERSHWIN LANE.