THE PINES, CHURCH END, GEDNEY, SPALDING, PE12 0BU - £260,000

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 PINES is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £260,000 in July 2022, which was around 11% below the average July 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was A.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES 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 PINES 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
2022 12 JUL	£260,000	£291,462	11% below HPI
2015 30 OCT	£184,000	£196,397	6% below HPI
1996 27 SEP	£57,000	£55,298	3% above HPI

THE PINES 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 PINES sales between September 1996 and July 2022 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is THE PINES?

THE PINES is 108m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 PINES lies on this distribution: 38% of detached houses are smaller than THE PINES, and 61% of houses are larger. Note that EPC data is not available for all properties in Gedney.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of THE PINES, 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 PINES). 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 PINES?

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