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

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

ROWAN is a very small extended detached house of 68m², built sometime between 1983 and 1990. It was last sold for £235,000 in November 2023, which was around 18% 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	£287,272	18% below HPI
1996 6 JUN	£51,500	£55,632	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 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where ROWAN lies on this distribution: 3% of detached 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.