LAMBERT HOUSE, CROSS DROVE, GEDNEY HILL, SPALDING, PE12 0PZ - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LAMBERT HOUSE is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £225,000 in November 2016, which was around 6% above the average November 2016 detached price in the South Holland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was C.

LAMBERT HOUSE Sold Prices

Land registry data shows two sales for LAMBERT HOUSE 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 LAMBERT HOUSE sales were for above 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
2016 11 NOV	£225,000	£212,786	6% above HPI
1995 16 JUN	£57,000	£50,090	14% above HPI

LAMBERT HOUSE 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 LAMBERT HOUSE sales from June 1995 and November 2016 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is LAMBERT HOUSE?

LAMBERT HOUSE is 117m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Hill, and where LAMBERT HOUSE lies on this distribution: 32% of detached houses are smaller than LAMBERT HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

LAMBERT HOUSE: Plot and Title Map

LAMBERT HOUSE sits on a plot of roughly 0.298 of an acre, or 1,208m². The below map shows the location of LAMBERT HOUSE, 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 LAMBERT HOUSE). 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 LAMBERT HOUSE?

LAMBERT HOUSE is located on CROSS DROVE in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of LAMBERT HOUSE on CROSS DROVE.