WHEATFIELDS, DOWSDALE BANK, SHEPEAU STOW, SPALDING, PE12 0TX - £375,000

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

WHEATFIELDS is a very large extended detached house of 228m², built sometime between 1983 and 1990. It was last sold for £375,000 in August 2018, which was around 58% above the average August 2018 detached price in the South Holland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

WHEATFIELDS Sold Prices

Land registry data shows two sales for WHEATFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two WHEATFIELDS 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
2018 10 AUG	£375,000	£237,008	58% above HPI
1995 26 JUN	£90,000	£50,090	80% above HPI

WHEATFIELDS 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 two WHEATFIELDS sales from June 1995 and August 2018 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 1995 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the August 2018 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is WHEATFIELDS?

WHEATFIELDS is 228m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Shepeau Stow, based on EPC data. The below chart shows the distribution of detached houses by size in Shepeau Stow, and where WHEATFIELDS lies on this distribution: 94% of detached houses are smaller than WHEATFIELDS, and 6% of houses are larger. Note that EPC data is not available for all properties in Shepeau Stow.

WHEATFIELDS: Plot and Title Map

WHEATFIELDS sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of WHEATFIELDS, 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 WHEATFIELDS). 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 WHEATFIELDS?

WHEATFIELDS is located on DOWSDALE BANK in SHEPEAU STOW, in the PE12 postcode district. The below map shows the position of WHEATFIELDS on DOWSDALE BANK.