27, ROMAN BANK, GEDNEY DYKE, SPALDING, PE12 0AR - £275,000

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

27 ROMAN BANK is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £275,000 in October 2022, which was around 8% below the average October 2022 detached price in the South Holland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

27 ROMAN BANK Sold Prices

Land registry data shows three sales for 27 ROMAN BANK 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. Two of the three 27 ROMAN BANK sales were for below the average price, whilst one was 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 10 OCT	£275,000	£300,105	8% below HPI
2016 22 MAR	£162,000	£206,362	21% below HPI
1999 22 OCT	£85,000	£72,560	17% above HPI

27 ROMAN BANK 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 ROMAN BANK sales between October 1999 and October 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 March 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 27 ROMAN BANK?

27 ROMAN BANK is 125m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where 27 ROMAN BANK lies on this distribution: 47% of detached houses are smaller than 27 ROMAN BANK, and 52% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

27 ROMAN BANK: Plot and Title Map

27 ROMAN BANK sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 27 ROMAN BANK, 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 ROMAN BANK). 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 ROMAN BANK?

27 ROMAN BANK is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 27 on ROMAN BANK.