3, CROSS DROVE, GEDNEY HILL, SPALDING, PE12 0PZ - £229,000

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

3 CROSS DROVE is a small extended detached house of 98m², built sometime before 1900. It was last sold for £229,000 in October 2010, which was around 36% above the average October 2010 detached price in the South Holland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

3 CROSS DROVE Sold Prices

Land registry data shows three sales for 3 CROSS DROVE 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 3 CROSS DROVE sales were for above the average price, whilst one was 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
2010 5 OCT	£229,000	£167,879	36% above HPI
2003 4 NOV	£160,000	£150,012	7% above HPI
1999 1 MAR	£50,000	£66,224	24% below HPI

3 CROSS DROVE 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 3 CROSS DROVE sales between March 1999 and October 2010 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 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2010 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 3 CROSS DROVE?

3 CROSS DROVE is 98m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% 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 3 CROSS DROVE lies on this distribution: 21% of detached houses are smaller than 3 CROSS DROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

3 CROSS DROVE: Plot and Title Map

3 CROSS DROVE sits on a plot of roughly 0.526 of an acre, or 2,130m². The below map shows the location of 3 CROSS DROVE, 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 3 CROSS DROVE). 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 3 CROSS DROVE?

3 CROSS DROVE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 3 on CROSS DROVE.