HEDGEROWS, CHESBOULE LANE, GOSBERTON RISEGATE, SPALDING, PE11 4EU - £225,000

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.

HEDGEROWS is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £250,992. It was last sold for £225,000 in May 2021, which was around 10% below the average May 2021 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

HEDGEROWS Sold Prices

Land registry data shows three sales for HEDGEROWS 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 HEDGEROWS 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
2021 13 MAY	£225,000	£249,371	10% below HPI
2016 29 JUN	£162,500	£210,664	23% below HPI
2014 7 MAR	£142,000	£175,119	19% below HPI

HEDGEROWS 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 HEDGEROWS sales between March 2014 and May 2021 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might HEDGEROWS be worth now?

HEDGEROWS might now be worth an estimated £250,992.

This is based on house price inflation of 11.6%, between May 2021 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 11.6% inflationary increase is applied to the most recent sale price for HEDGEROWS of £225,000 on 13th May 2021. For the value to have increased from £225,000 to £250,992 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of HEDGEROWS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of HEDGEROWS has not materially changed since May 2021.

How Large is HEDGEROWS?

HEDGEROWS is 100m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses houses in Risegate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Risegate, and where HEDGEROWS lies on this distribution: 39% of detached houses houses are smaller than HEDGEROWS, and 59% of houses are larger. Note that EPC data is not available for all properties in Risegate.

HEDGEROWS: Plot and Title Map

HEDGEROWS sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of HEDGEROWS, 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 HEDGEROWS). 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 HEDGEROWS?

HEDGEROWS is located on CHESBOULE LANE in GOSBERTON RISEGATE, in the PE11 postcode district. The below map shows the position of HEDGEROWS on CHESBOULE LANE.