5, CHAPEL GATE, WHAPLODE DROVE, SPALDING, PE12 0TR - £191,500

5 CHAPEL GATE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £191,500 in April 2021, which was around 24% below the average April 2021 detached price in the South Holland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 CHAPEL GATE Sold Prices

Land registry data shows four sales for 5 CHAPEL GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 5 CHAPEL GATE 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
2021 9 APR	£191,500	£252,405	24% below HPI
2013 2 APR	£96,000	£161,486	41% below HPI
1998 17 JUL	£47,500	£62,920	25% below HPI
1997 19 DEC	£50,000	£61,649	19% below HPI

5 CHAPEL 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 four 5 CHAPEL GATE sales between December 1997 and April 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 April 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 CHAPEL GATE?

5 CHAPEL GATE is 59m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Whaplode Drove, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode Drove, and where 5 CHAPEL GATE lies on this distribution: 1% of detached houses are smaller than 5 CHAPEL GATE, and 99% of houses are larger. Note that EPC data is not available for all properties in Whaplode Drove.

5 CHAPEL GATE: Plot and Title Map

5 CHAPEL GATE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 CHAPEL 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 5 CHAPEL 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 5 CHAPEL GATE?

5 CHAPEL GATE is located in WHAPLODE DROVE, in the PE12 postcode district. The below map shows the position of No. 5 on CHAPEL GATE.