4, HILLGATE, GEDNEY HILL, SPALDING, PE12 0NN - £455,000

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

4 HILLGATE is a very large extended detached house of 264m², built sometime before 1900. It was last sold for £455,000 in December 2021, which was around 70% above the average December 2021 detached price in the South Holland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

4 HILLGATE Sold Prices

Land registry data shows three sales for 4 HILLGATE 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 4 HILLGATE 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
2021 14 DEC	£455,000	£268,384	70% above HPI
1999 13 DEC	£91,500	£70,904	29% above HPI
1996 30 MAY	£66,000	£54,316	22% above HPI

4 HILLGATE 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 4 HILLGATE sales between May 1996 and December 2021 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 December 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 4 HILLGATE?

4 HILLGATE is 264m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 4 HILLGATE lies on this distribution: 94% of detached houses are smaller than 4 HILLGATE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

4 HILLGATE: Plot and Title Map

4 HILLGATE sits on a plot of roughly 0.364 of an acre, or 1,471m². The below map shows the location of 4 HILLGATE, 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 4 HILLGATE). 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 4 HILLGATE?

4 HILLGATE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 4 on HILLGATE.