MAY LODGE, STONEGATE, GEDNEY, SPALDING, PE12 0BY - £319,950

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

MAY LODGE is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £319,950 in August 2016, which was around 53% above the average August 2016 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

MAY LODGE Sold Prices

Land registry data shows two sales for MAY LODGE 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 MAY LODGE 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 16 AUG	£319,950	£209,571	53% above HPI
2013 8 NOV	£249,950	£170,290	47% above HPI

MAY LODGE 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 MAY LODGE sales from November 2013 and August 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 November 2013 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is MAY LODGE?

MAY LODGE is 118m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where MAY LODGE lies on this distribution: 49% of detached houses are smaller than MAY LODGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Gedney.

MAY LODGE: Plot and Title Map

MAY LODGE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of MAY LODGE, 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 MAY LODGE). 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 MAY LODGE?

MAY LODGE is located on STONEGATE in GEDNEY, in the PE12 postcode district. The below map shows the position of MAY LODGE on STONEGATE.