WHITE HOUSE, NEW FEN DROVE, GEDNEY HILL, SPALDING, PE12 0PY - £182,000

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

WHITE HOUSE is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £182,000 in August 2019, which was around 23% below the average August 2019 detached price in the South Holland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was F, and the potential energy rating was B.

WHITE HOUSE Sold Prices

Land registry data shows three sales for WHITE HOUSE 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 WHITE HOUSE sales were for below 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 1 AUG	£182,000	£235,256	23% below HPI
2012 17 OCT	£135,000	£166,489	19% below HPI
2004 21 DEC	£70,000	£169,414	59% below HPI

WHITE HOUSE 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 WHITE HOUSE sales between December 2004 and August 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 October 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is WHITE HOUSE?

WHITE HOUSE is 86m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Gedney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Hill, and where WHITE HOUSE lies on this distribution: 11% of detached houses are smaller than WHITE HOUSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

WHITE HOUSE: Plot and Title Map

WHITE HOUSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of WHITE HOUSE, 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 WHITE HOUSE). 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 WHITE HOUSE?

WHITE HOUSE is located on NEW FEN DROVE in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of WHITE HOUSE on NEW FEN DROVE.