GIN TRAP, MAIN ROAD, GEDNEY, SPALDING, PE12 0BW - £112,094

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.

GIN TRAP is a very small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £167,646. It was last sold for £112,094 in October 2006, which was around 39% below the average October 2006 detached price in the South Holland local authority area. The most recent EPC inspection was March 2025, where the current energy rating was D, and the potential energy rating was C.

GIN TRAP Sold Prices

Land registry data shows three sales for GIN TRAP 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 GIN TRAP 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
2006 2 OCT	£112,094	£184,712	39% below HPI
2001 25 JUL	£76,000	£92,881	18% below HPI
1998 14 AUG	£54,950	£62,869	13% below HPI

GIN TRAP 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 GIN TRAP sales between August 1998 and October 2006 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 July 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2006 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might GIN TRAP be worth now?

GIN TRAP might now be worth an estimated £167,646.

This is based on house price inflation of 49.6%, between October 2006 and March 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 49.6% inflationary increase is applied to the most recent sale price for GIN TRAP of £112,094 on 2nd October 2006. For the value to have increased from £112,094 to £167,646 over the nineteen years and seven months to March 2025, the following assumptions must hold true:

• The value of GIN TRAP has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2006 sale price of £112,094 represented a fair market value for the property.
• The size, condition, and specification of GIN TRAP has not materially changed since October 2006.

How Large is GIN TRAP?

GIN TRAP is 89m², which includes one extension, according to the EPC inspection conducted in March 2025. This puts it in the smallest 20% of detached houses houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney, and where GIN TRAP lies on this distribution: 15% of detached houses houses are smaller than GIN TRAP, and 83% of houses are larger. Note that EPC data is not available for all properties in Gedney.

GIN TRAP: Plot and Title Map

GIN TRAP sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of GIN TRAP, 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 GIN TRAP). 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 GIN TRAP?

GIN TRAP is located on MAIN ROAD in GEDNEY, in the PE12 postcode district. The below map shows the position of GIN TRAP on MAIN ROAD.