RIVENDELL, LAMBERT BANK, GEDNEY HILL, SPALDING, PE12 0PR - £227,000

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

RIVENDELL is a large extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £227,000 in February 2010, which was around 29% above the average February 2010 detached price in the South Holland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

RIVENDELL Sold Prices

Land registry data shows two sales for RIVENDELL 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 RIVENDELL 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
2010 12 FEB	£227,000	£175,866	29% above HPI
2002 16 AUG	£170,000	£114,036	49% above HPI

RIVENDELL 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 RIVENDELL sales from August 2002 and February 2010 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 August 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2010 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is RIVENDELL?

RIVENDELL is 152m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 RIVENDELL lies on this distribution: 62% of detached houses are smaller than RIVENDELL, and 37% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.780 of an acre, or 3,157m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on LAMBERT BANK in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of RIVENDELL on LAMBERT BANK.