MILL VIEW, ENGINE DYKE, GEDNEY DYKE, SPALDING, PE12 0BE - £128,000

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

MILL VIEW is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £128,000 in July 2003, which was around 8% below the average July 2003 detached price in the South Holland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

MILL VIEW Sold Prices

Land registry data shows two sales for MILL VIEW 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 MILL VIEW 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
2003 11 JUL	£128,000	£138,938	8% below HPI
2002 12 SEP	£112,000	£118,411	5% below HPI

MILL VIEW 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 MILL VIEW sales from September 2002 and July 2003 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 September 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2003 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MILL VIEW?

MILL VIEW is 104m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 40% 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 MILL VIEW lies on this distribution: 31% of detached houses are smaller than MILL VIEW, and 69% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

MILL VIEW: Plot and Title Map

MILL VIEW sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of MILL VIEW, 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 MILL VIEW). 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 MILL VIEW?

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