40, ROMAN BANK, GEDNEY DYKE, SPALDING, PE12 0AR - £173,000

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

40 ROMAN BANK is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £173,000 in July 2019, which was around 26% below the average July 2019 detached price in the South Holland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

40 ROMAN BANK Sold Prices

Land registry data shows three sales for 40 ROMAN BANK 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 40 ROMAN BANK 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
2019 5 JUL	£173,000	£234,679	26% below HPI
2011 30 NOV	£125,000	£167,413	25% below HPI
2002 2 AUG	£79,950	£114,036	30% below HPI

40 ROMAN BANK 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 40 ROMAN BANK sales between August 2002 and July 2019 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 November 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 ROMAN BANK?

40 ROMAN BANK is 68m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where 40 ROMAN BANK lies on this distribution: 5% of detached houses are smaller than 40 ROMAN BANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

40 ROMAN BANK: Plot and Title Map

40 ROMAN BANK sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 40 ROMAN BANK, 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 40 ROMAN BANK). 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 40 ROMAN BANK?

40 ROMAN BANK is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 40 on ROMAN BANK.