THE BEECHES, OLD MAIN ROAD, FLEET HARGATE, SPALDING, PE12 8LL - £137,500

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

THE BEECHES is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £137,500 in November 2011, which was around 18% below the average November 2011 detached price in the South Holland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

THE BEECHES Sold Prices

Land registry data shows three sales for THE BEECHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three THE BEECHES sales were for below the average price, whilst one 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
2011 29 NOV	£137,500	£167,413	18% below HPI
1999 27 MAY	£79,000	£70,373	12% above HPI
1996 5 JAN	£54,500	£55,323	1% below HPI

THE BEECHES 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 three THE BEECHES sales between January 1996 and November 2011 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 November 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE BEECHES?

THE BEECHES is 102m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet Hargate, and where THE BEECHES lies on this distribution: 56% of detached houses are smaller than THE BEECHES, and 44% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

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