IVY DENE, OLD MAIN ROAD, FLEET HARGATE, SPALDING, PE12 8LJ - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

IVY DENE is a very small extended detached house of 75m², built sometime before 1900, which could now be worth an estimated £234,936. It was last sold for £135,000 in May 2011, which was around 18% below the average May 2011 detached price in the South Holland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

IVY DENE Sold Prices

Land registry data shows two sales for IVY DENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two IVY DENE 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
2011 16 MAY	£135,000	£164,336	18% below HPI
2009 20 APR	£120,000	£157,979	24% below HPI

IVY DENE 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 two IVY DENE sales from April 2009 and May 2011 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 April 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2011 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might IVY DENE be worth now?

IVY DENE might now be worth an estimated £234,936.

This is based on house price inflation of 74%, between May 2011 and December 2024, 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 74% inflationary increase is applied to the most recent sale price for IVY DENE of £135,000 on 16th May 2011. For the value to have increased from £135,000 to £234,936 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of IVY DENE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2011 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of IVY DENE has not materially changed since May 2011.

How Large is IVY DENE?

IVY DENE is 75m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where IVY DENE lies on this distribution: 19% of detached houses houses are smaller than IVY DENE, and 81% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

IVY DENE: Plot and Title Map

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

IVY DENE is located on OLD MAIN ROAD in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of IVY DENE on OLD MAIN ROAD.