8, NORTH ROAD, GEDNEY HILL, SPALDING, PE12 0NL - £475,000

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.

8 NORTH ROAD is a very large detached house of 277m², which could now be worth an estimated £560,042. It was last sold for £475,000 in December 2019, which was around 101% above the average December 2019 detached price in the South Holland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was B.

8 NORTH ROAD Sold Prices

Land registry data shows two sales for 8 NORTH ROAD 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 8 NORTH ROAD 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
2019 11 DEC	£475,000	£235,937	101% above HPI
2018 23 JAN	£135,000	£224,668	40% below HPI

8 NORTH ROAD 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 8 NORTH ROAD sales from January 2018 and December 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 January 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2019 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 8 NORTH ROAD be worth now?

8 NORTH ROAD might now be worth an estimated £560,042.

This is based on house price inflation of 17.9%, between December 2019 and February 2025, for 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 17.9% inflationary increase is applied to the most recent sale price for 8 NORTH ROAD of £475,000 on 11th December 2019. For the value to have increased from £475,000 to £560,042 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 NORTH ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORTH ROAD has not materially changed since December 2019.

How Large is 8 NORTH ROAD?

8 NORTH ROAD is 277m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney Hill, and where 8 NORTH ROAD lies on this distribution: 95% of detached houses houses are smaller than 8 NORTH ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

8 NORTH ROAD: Plot and Title Map

8 NORTH ROAD sits on a plot of roughly 1.7 acres, or 6,938m². The below map shows the location of 8 NORTH ROAD, 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 8 NORTH ROAD). 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 8 NORTH ROAD?

8 NORTH ROAD is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 8 on NORTH ROAD.