THE CHESTNUTS, CHURCH END, GEDNEY, SPALDING, PE12 0BU - £172,000

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

THE CHESTNUTS is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £172,000 in November 2012, which was around 2% above the average November 2012 detached price in the South Holland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS 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. All of the three THE CHESTNUTS 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
2012 7 NOV	£172,000	£168,137	2% above HPI
2007 26 FEB	£207,000	£187,594	10% above HPI
1997 23 MAY	£87,500	£59,061	48% above HPI

THE CHESTNUTS 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 CHESTNUTS sales between May 1997 and November 2012 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 February 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2012 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 141m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where THE CHESTNUTS lies on this distribution: 69% of detached houses are smaller than THE CHESTNUTS, and 31% of houses are larger. Note that EPC data is not available for all properties in Gedney.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of THE CHESTNUTS, 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 CHESTNUTS). 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 CHESTNUTS?

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