4, MEADOWGATE LANE, SPALDING, PE11 1NF - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MEADOWGATE LANE is a very small extended semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £199,924. It was last sold for £175,000 in May 2021, which was around 5% above the average May 2021 semi-detached price in the South Holland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

4 MEADOWGATE LANE Sold Prices

Land registry data shows two sales for 4 MEADOWGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. One of the two 4 MEADOWGATE LANE sales was for above the average price, whilst the other 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
2021 12 MAY	£175,000	£167,214	5% above HPI
2011 9 MAR	£97,500	£109,191	11% below HPI

4 MEADOWGATE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two 4 MEADOWGATE LANE sales from March 2011 and May 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 March 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 MEADOWGATE LANE be worth now?

4 MEADOWGATE LANE might now be worth an estimated £199,924.

This is based on house price inflation of 14.2%, between May 2021 and February 2025, for semi-detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for 4 MEADOWGATE LANE of £175,000 on 12th May 2021. For the value to have increased from £175,000 to £199,924 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 4 MEADOWGATE LANE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The May 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEADOWGATE LANE has not materially changed since May 2021.

How Large is 4 MEADOWGATE LANE?

4 MEADOWGATE LANE is 72m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 4 MEADOWGATE LANE lies on this distribution: 9% of semi-detached houses houses are smaller than 4 MEADOWGATE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 MEADOWGATE LANE: Plot and Title Map

4 MEADOWGATE LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 MEADOWGATE LANE, 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 MEADOWGATE LANE). 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 MEADOWGATE LANE?

4 MEADOWGATE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on MEADOWGATE LANE.