THE WILLOWS, CHAPEL GATE, WHAPLODE DROVE, SPALDING, PE12 0TR - £279,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE WILLOWS is a large extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £468,837. It was last sold for £279,995 in October 2005, which was around 64% above the average October 2005 detached price in the South Holland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows four sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four THE WILLOWS 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
2005 21 OCT	£279,995	£170,796	64% above HPI
2003 20 JUN	£184,950	£138,271	34% above HPI
1999 5 FEB	£77,500	£66,269	17% above HPI
1996 23 DEC	£65,500	£54,869	19% above HPI

THE WILLOWS 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 four THE WILLOWS sales between December 1996 and October 2005 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 June 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2005 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £468,837.

This is based on house price inflation of 67.4%, between October 2005 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.4% inflationary increase is applied to the most recent sale price for THE WILLOWS of £279,995 on 21st October 2005. For the value to have increased from £279,995 to £468,837 over the eighteen years and ten months to December 2024, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2005 sale price of £279,995 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since October 2005.

How Large is THE WILLOWS?

THE WILLOWS is 133m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses houses in Whaplode Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whaplode Drove, and where THE WILLOWS lies on this distribution: 67% of detached houses houses are smaller than THE WILLOWS, and 33% of houses are larger. Note that EPC data is not available for all properties in Whaplode Drove.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.587 of an acre, or 2,375m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on CHAPEL GATE in WHAPLODE DROVE, in the PE12 postcode district. The below map shows the position of THE WILLOWS on CHAPEL GATE.