3, STONEGATE, GEDNEY, SPALDING, PE12 0BY - £260,000

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

3 STONEGATE is a very small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £260,000 in April 2023, which was around 11% below the average April 2023 detached price in the South Holland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

3 STONEGATE Sold Prices

Land registry data shows three sales for 3 STONEGATE 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 STONEGATE 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
2023 28 APR	£260,000	£291,350	11% below HPI
2022 1 SEP	£185,000	£300,708	38% below HPI
2003 16 JUN	£120,000	£138,951	14% below HPI

3 STONEGATE 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 STONEGATE sales between June 2003 and April 2023 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 September 2022 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 STONEGATE?

3 STONEGATE is 89m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where 3 STONEGATE lies on this distribution: 14% of detached houses are smaller than 3 STONEGATE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gedney.

3 STONEGATE: Plot and Title Map

3 STONEGATE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 STONEGATE, 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 STONEGATE). 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 STONEGATE?

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