3, LOWGATE, FLEET, SPALDING, PE12 8LN - £92,500

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

3 LOWGATE is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £92,500 in October 2018, which was around 61% below the average October 2018 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

3 LOWGATE Sold Prices

Land registry data shows three sales for 3 LOWGATE 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 3 LOWGATE 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
2018 31 OCT	£92,500	£237,899	61% below HPI
2013 11 JUN	£73,000	£163,823	55% below HPI
2008 28 MAR	£115,000	£189,368	39% below HPI

3 LOWGATE 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 LOWGATE sales between March 2008 and October 2018 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 June 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2018 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 3 LOWGATE?

3 LOWGATE is 92m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet Hargate, and where 3 LOWGATE lies on this distribution: 37% of detached houses are smaller than 3 LOWGATE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

3 LOWGATE: Plot and Title Map

3 LOWGATE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 3 LOWGATE, 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 LOWGATE). 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 LOWGATE?

3 LOWGATE is located in FLEET, in the PE12 postcode district. The below map shows the position of No. 3 on LOWGATE.