3, WATER GATE, QUADRING, SPALDING, PE11 4PY - £350,000

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 WATER GATE is a very large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £350,000 in April 2022, which was around 24% above the average April 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 WATER GATE Sold Prices

Land registry data shows two sales for 3 WATER GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 3 WATER GATE sales were 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 28 APR	£350,000	£282,251	24% above HPI
2016 6 OCT	£240,000	£212,967	13% above HPI

3 WATER GATE 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 two 3 WATER GATE sales from October 2016 and April 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 October 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 WATER GATE?

3 WATER GATE is 178m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in Quadring, based on EPC data. The below chart shows the distribution of detached houses by size in Quadring, and where 3 WATER GATE lies on this distribution: 85% of detached houses are smaller than 3 WATER GATE, and 15% of houses are larger. Note that EPC data is not available for all properties in Quadring.

3 WATER GATE: Plot and Title Map

3 WATER GATE sits on a plot of roughly 0.323 of an acre, or 1,306m². The below map shows the location of 3 WATER GATE, 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 WATER GATE). 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 WATER GATE?

3 WATER GATE is located in QUADRING, in the PE11 postcode district. The below map shows the position of No. 3 on WATER GATE.