THE GABLES, COWBIT ROAD, SPALDING, PE11 2RJ - £133,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE GABLES is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £133,500 in August 2011, which was around 19% below the average August 2011 detached price in the South Holland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 GABLES 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
2011 31 AUG	£133,500	£164,725	19% below HPI
1997 10 OCT	£48,000	£59,132	19% below HPI
1996 5 JAN	£39,000	£55,323	30% below HPI

THE GABLES 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 GABLES sales between January 1996 and August 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 October 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2011 sale, which was also at 19% below the HPI.

How Large is THE GABLES?

THE GABLES is 62m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where THE GABLES lies on this distribution: 4% of detached houses are smaller than THE GABLES, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on COWBIT ROAD in SPALDING, in the PE11 postcode district. The below map shows the position of THE GABLES on COWBIT ROAD.