WAYSIDE, STONEGATE, GEDNEY, SPALDING, PE12 0BY - £390,000

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

WAYSIDE is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £390,000 in May 2024, which was around 45% above the average May 2024 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

WAYSIDE Sold Prices

Land registry data shows four sales for WAYSIDE 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 WAYSIDE 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
2024 10 MAY	£390,000	£269,166	45% above HPI
2013 29 OCT	£245,000	£173,985	41% above HPI
2003 25 NOV	£199,500	£150,012	33% above HPI
2003 7 JAN	£173,500	£127,340	36% above HPI

WAYSIDE 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 WAYSIDE sales between January 2003 and May 2024 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 2013 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2024 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is WAYSIDE?

WAYSIDE is 118m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where WAYSIDE lies on this distribution: 48% of detached houses are smaller than WAYSIDE, and 51% of houses are larger. Note that EPC data is not available for all properties in Gedney.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of WAYSIDE, 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 WAYSIDE). 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 WAYSIDE?

WAYSIDE is located on STONEGATE in GEDNEY, in the PE12 postcode district. The below map shows the position of WAYSIDE on STONEGATE.