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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 HILLGATE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £176,138. 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	£283,490	37% below HPI
2019 14 FEB	£130,000	£232,817	44% below HPI
2001 9 NOV	£68,500	£98,168	30% 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.

What might 27 HILLGATE be worth now?

27 HILLGATE might now be worth an estimated £176,138.

This is based on house price deflation of 1.9%, between May 2022 and February 2025, 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 1.9% deflationary decrease is applied to the most recent sale price for 27 HILLGATE of £179,501 on 13th May 2022. For the value to have decreased from £179,501 to £176,138 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 27 HILLGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2022 sale price of £179,501 represented a fair market value for the property.
• The size, condition, and specification of 27 HILLGATE has not materially changed since May 2022.

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 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 27 HILLGATE lies on this distribution: 5% of detached houses 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.