52, MEADOWGATE LANE, SPALDING, PE11 1NF - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

52 MEADOWGATE LANE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £205,000 in January 2021, which was around 15% below the average January 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

52 MEADOWGATE LANE Sold Prices

Land registry data shows two sales for 52 MEADOWGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 52 MEADOWGATE LANE sales was for below the average price, whilst the other was roughly equal to 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 27 JAN	£205,000	£240,407	15% below HPI
1996 6 DEC	£55,000	£55,139	Close to HPI

52 MEADOWGATE LANE 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 two 52 MEADOWGATE LANE sales from December 1996 and January 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 52 MEADOWGATE LANE?

52 MEADOWGATE LANE is 90m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 52 MEADOWGATE LANE lies on this distribution: 27% of detached houses are smaller than 52 MEADOWGATE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Spalding.

52 MEADOWGATE LANE: Plot and Title Map

52 MEADOWGATE LANE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 52 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 52 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 52 MEADOWGATE LANE?

52 MEADOWGATE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 52 on MEADOWGATE LANE.