MYRTLE HOUSE, OLD MAIN ROAD, FLEET HARGATE, SPALDING, PE12 8LH - £124,500

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

MYRTLE HOUSE is a midsized extended semi-detached house of 99m², built sometime before 1900, which could now be worth an estimated £182,916. It was last sold for £124,500 in May 2007, which was around 7% below the average May 2007 semi-detached price in the South Holland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

MYRTLE HOUSE Sold Prices

Land registry data shows two sales for MYRTLE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. One of the two MYRTLE HOUSE sales was for below the average price, whilst the other was 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
2007 31 MAY	£124,500	£133,998	7% below HPI
1999 21 MAY	£50,000	£44,660	12% above HPI

MYRTLE HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two MYRTLE HOUSE sales from May 1999 and May 2007 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might MYRTLE HOUSE be worth now?

MYRTLE HOUSE might now be worth an estimated £182,916.

This is based on house price inflation of 46.9%, between May 2007 and December 2024, for semi-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 46.9% inflationary increase is applied to the most recent sale price for MYRTLE HOUSE of £124,500 on 31st May 2007. For the value to have increased from £124,500 to £182,916 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of MYRTLE HOUSE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The May 2007 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE HOUSE has not materially changed since May 2007.

How Large is MYRTLE HOUSE?

MYRTLE HOUSE is 99m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 50% of semi-detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fleet Hargate, and where MYRTLE HOUSE lies on this distribution: 48% of semi-detached houses houses are smaller than MYRTLE HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

MYRTLE HOUSE: Plot and Title Map

MYRTLE HOUSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE HOUSE?

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