MARBROOK, ENGINE DYKE, GEDNEY DYKE, SPALDING, PE12 0BE - £215,000

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

MARBROOK is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £215,000 in August 2021, which was around 18% below the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

MARBROOK Sold Prices

Land registry data shows six sales for MARBROOK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the six MARBROOK 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 27 AUG	£215,000	£261,111	18% below HPI
2020 29 MAY	£173,000	£233,881	26% below HPI
2005 28 JUN	£145,000	£173,242	16% below HPI
1999 15 OCT	£54,500	£72,560	25% below HPI
1998 4 DEC	£55,500	£65,082	15% below HPI
1997 14 MAY	£48,500	£59,061	18% below HPI

MARBROOK 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 six MARBROOK sales between May 1997 and August 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 May 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is MARBROOK?

MARBROOK is 86m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where MARBROOK lies on this distribution: 13% of detached houses are smaller than MARBROOK, and 87% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

MARBROOK: Plot and Title Map

MARBROOK sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of MARBROOK, 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 MARBROOK). 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 MARBROOK?

MARBROOK is located on ENGINE DYKE in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of MARBROOK on ENGINE DYKE.