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

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

HEDGEROWS is a midsized detached house of 100m², built sometime between 1991 and 1995. 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	£250,598	10% below HPI
2016 29 JUN	£162,500	£211,701	23% below HPI
2014 7 MAR	£142,000	£175,981	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.

How Large is HEDGEROWS?

HEDGEROWS is 100m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Risegate, based on EPC data. The below chart shows the distribution of detached houses by size in Risegate, and where HEDGEROWS lies on this distribution: 40% of detached houses are smaller than HEDGEROWS, and 58% 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.