27, HILLGATE, GEDNEY HILL, SPALDING, PE12 0NN - £179,501

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

27 HILLGATE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £179,501 in May 2022, which was around 37% below the average May 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was A.

27 HILLGATE Sold Prices

Land registry data shows three sales for 27 HILLGATE 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 27 HILLGATE 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
2022 13 MAY	£179,501	£284,886	37% below HPI
2019 14 FEB	£130,000	£233,963	44% below HPI
2001 9 NOV	£68,500	£98,651	31% below HPI

27 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 three 27 HILLGATE sales between November 2001 and May 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 February 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 27 HILLGATE?

27 HILLGATE is 70m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Hill, and where 27 HILLGATE lies on this distribution: 5% of detached houses are smaller than 27 HILLGATE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

27 HILLGATE: Plot and Title Map

27 HILLGATE sits on a plot of roughly 0.279 of an acre, or 1,128m². The below map shows the location of 27 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 27 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 27 HILLGATE?

27 HILLGATE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 27 on HILLGATE.