GARDENIA, CHURCH GATE, WHAPLODE, SPALDING, PE12 6TA - £217,500

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

GARDENIA is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £217,500 in October 2023, which was around 25% below the average October 2023 detached price in the South Holland local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

GARDENIA Sold Prices

Land registry data shows four sales for GARDENIA 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 GARDENIA 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
2023 31 OCT	£217,500	£290,219	25% below HPI
2017 14 DEC	£150,000	£229,374	35% below HPI
2004 4 MAR	£127,500	£153,891	17% below HPI
1997 4 JUL	£36,000	£57,555	37% below HPI

GARDENIA 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 GARDENIA sales between July 1997 and October 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 December 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is GARDENIA?

GARDENIA is 91m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 30% of detached houses in Whaplode, based on EPC data. The below chart shows the distribution of detached houses by size in Whaplode, and where GARDENIA lies on this distribution: 30% of detached houses are smaller than GARDENIA, and 70% of houses are larger. Note that EPC data is not available for all properties in Whaplode.

GARDENIA: Plot and Title Map

GARDENIA sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of GARDENIA, 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 GARDENIA). 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 GARDENIA?

GARDENIA is located on CHURCH GATE in WHAPLODE, in the PE12 postcode district. The below map shows the position of GARDENIA on CHURCH GATE.