2, ENGINE DYKE, GEDNEY DYKE, SPALDING, PE12 0BE - £176,000

2 ENGINE DYKE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £176,000 in July 2014, which was around 2% below the average July 2014 detached price in the South Holland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 ENGINE DYKE Sold Prices

Land registry data shows three sales for 2 ENGINE DYKE 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. The three 2 ENGINE DYKE sales were a mix of below the average price, roughly equal to the average price, and 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
2014 31 JUL	£176,000	£180,317	2% below HPI
2005 20 MAY	£179,000	£170,603	5% above HPI
1997 13 NOV	£60,000	£59,814	Close to HPI

2 ENGINE DYKE 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 2 ENGINE DYKE sales between November 1997 and July 2014 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 May 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 ENGINE DYKE?

2 ENGINE DYKE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney Dyke, and where 2 ENGINE DYKE lies on this distribution: 21% of detached houses are smaller than 2 ENGINE DYKE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

2 ENGINE DYKE: Plot and Title Map

2 ENGINE DYKE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 2 ENGINE DYKE, 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 2 ENGINE DYKE). 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 2 ENGINE DYKE?

2 ENGINE DYKE is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 2 on ENGINE DYKE.