ROWAN, CHURCH END, GEDNEY, SPALDING, PE12 0BU - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROWAN is a very small extended detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £230,583. It was last sold for £235,000 in November 2023, which was around 17% below the average November 2023 detached price in the South Holland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

ROWAN Sold Prices

Land registry data shows two sales for ROWAN 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 ROWAN 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
2023 13 NOV	£235,000	£283,507	17% below HPI
1996 6 JUN	£51,500	£55,359	7% below HPI

ROWAN 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 ROWAN sales from June 1996 and November 2023 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 June 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might ROWAN be worth now?

ROWAN might now be worth an estimated £230,583.

This is based on house price deflation of 1.9%, between November 2023 and February 2025, for 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 1.9% deflationary decrease is applied to the most recent sale price for ROWAN of £235,000 on 13th November 2023. For the value to have decreased from £235,000 to £230,583 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of ROWAN has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of ROWAN has not materially changed since November 2023.

How Large is ROWAN?

ROWAN is 68m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney, and where ROWAN lies on this distribution: 3% of detached houses houses are smaller than ROWAN, and 97% of houses are larger. Note that EPC data is not available for all properties in Gedney.

ROWAN: Plot and Title Map

ROWAN sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of ROWAN, 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 ROWAN). 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 ROWAN?

ROWAN is located on CHURCH END in GEDNEY, in the PE12 postcode district. The below map shows the position of ROWAN on CHURCH END.