48, LOWGATE, LUTTON, SPALDING, PE12 9HP - £190,000

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

48 LOWGATE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £190,000 in September 2017, which was around 15% below the average September 2017 detached price in the South Holland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

48 LOWGATE Sold Prices

Land registry data shows three sales for 48 LOWGATE 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 48 LOWGATE 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
2017 29 SEP	£190,000	£224,083	15% below HPI
2013 17 MAY	£120,000	£162,366	26% below HPI
2007 27 JUL	£135,000	£194,398	31% below HPI

48 LOWGATE 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 48 LOWGATE sales between July 2007 and September 2017 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 May 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 LOWGATE?

48 LOWGATE is 89m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Lutton, based on EPC data. The below chart shows the distribution of detached houses by size in Lutton, and where 48 LOWGATE lies on this distribution: 26% of detached houses are smaller than 48 LOWGATE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lutton.

48 LOWGATE: Plot and Title Map

48 LOWGATE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 48 LOWGATE, 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 48 LOWGATE). 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 48 LOWGATE?

48 LOWGATE is located in LUTTON, in the PE12 postcode district. The below map shows the position of No. 48 on LOWGATE.