FOREST LODGE, CHURCH END, GEDNEY, SPALDING, PE12 0BU - £195,000

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

FOREST LODGE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £195,000 in February 2016, which was around 4% below the average February 2016 detached price in the South Holland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

FOREST LODGE Sold Prices

Land registry data shows three sales for FOREST LODGE 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 FOREST LODGE 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
2016 1 FEB	£195,000	£202,095	4% below HPI
2014 2 MAY	£159,000	£178,190	11% below HPI
2000 24 NOV	£79,950	£84,898	6% below HPI

FOREST LODGE 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 FOREST LODGE sales between November 2000 and February 2016 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FOREST LODGE?

FOREST LODGE is 130m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where FOREST LODGE lies on this distribution: 64% of detached houses are smaller than FOREST LODGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Gedney.

FOREST LODGE: Plot and Title Map

FOREST LODGE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of FOREST LODGE, 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 FOREST LODGE). 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 FOREST LODGE?

FOREST LODGE is located on CHURCH END in GEDNEY, in the PE12 postcode district. The below map shows the position of FOREST LODGE on CHURCH END.