THE GATEHOUSE, MATMORE GATE, SPALDING, PE11 2PN - £275,000

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 GATEHOUSE is a very large extended detached house of 156m², built sometime between 1900 and 1929. It was last sold for £275,000 in December 2019, which was around 16% above the average December 2019 detached price in the South Holland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

THE GATEHOUSE Sold Prices

Land registry data shows three sales for THE GATEHOUSE 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 GATEHOUSE 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
2019 11 DEC	£275,000	£237,099	16% above HPI
2015 5 MAR	£225,000	£188,030	20% above HPI
2007 24 OCT	£247,000	£197,710	25% above HPI

THE GATEHOUSE 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 GATEHOUSE sales between October 2007 and December 2019 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 March 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2019 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE GATEHOUSE?

THE GATEHOUSE is 156m², which includes three extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 20% 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 GATEHOUSE lies on this distribution: 86% of detached houses are smaller than THE GATEHOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Spalding.

THE GATEHOUSE: Plot and Title Map

THE GATEHOUSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of THE GATEHOUSE, 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 GATEHOUSE). 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 GATEHOUSE?

THE GATEHOUSE is located on MATMORE GATE in SPALDING, in the PE11 postcode district. The below map shows the position of THE GATEHOUSE on MATMORE GATE.