BRIDGE FARM, OLD FENDIKE ROAD, WESTON HILLS, SPALDING, PE12 6DD - £565,000

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

BRIDGE FARM is a very large extended property of 213m², built sometime between 2003 and 2006. It was last sold for £565,000 in June 2023, which was around 100% above the average June 2023 detached price in the South Holland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

BRIDGE FARM Sold Prices

Land registry data shows three sales for BRIDGE FARM 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. Two of the three BRIDGE FARM sales were for above the average price, whilst one 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
2023 2 JUN	£565,000	£282,153	100% above HPI
2013 7 JUN	£340,000	£163,823	108% above HPI
2004 22 JAN	£120,000	£149,942	20% below HPI

BRIDGE FARM 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 BRIDGE FARM sales between January 2004 and June 2023 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 June 2013 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the June 2023 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is BRIDGE FARM?

BRIDGE FARM is 213m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Weston Hills, based on EPC data. The below chart shows the distribution of detached houses by size in Weston Hills, and where BRIDGE FARM lies on this distribution: 93% of detached houses are smaller than BRIDGE FARM, and 7% of houses are larger. Note that EPC data is not available for all properties in Weston Hills.

BRIDGE FARM: Plot and Title Map

BRIDGE FARM sits on a plot of roughly 0.273 of an acre, or 1,104m². The below map shows the location of BRIDGE FARM, 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 BRIDGE FARM). 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 BRIDGE FARM?

BRIDGE FARM is located on OLD FENDIKE ROAD in WESTON HILLS, in the PE12 postcode district. The below map shows the position of BRIDGE FARM on OLD FENDIKE ROAD.