2, STONEGATE, GEDNEY, SPALDING, PE12 0BY - £74,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 STONEGATE is a very small extended terraced house of 51m², built sometime before 1900, which could now be worth an estimated £123,522. It was last sold for £74,000 in August 2005, which was around 20% below the average August 2005 terraced price in the South Holland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was A.

2 STONEGATE Sold Prices

Land registry data shows five sales for 2 STONEGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Holland local authority area for the corresponding sale date. All of the five 2 STONEGATE 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
2005 12 AUG	£74,000	£92,317	20% below HPI
2003 1 AUG	£58,000	£67,568	14% below HPI
2002 8 FEB	£33,500	£48,312	31% below HPI
1996 31 DEC	£9,000	£27,261	67% below HPI
1996 20 SEP	£9,000	£27,319	67% below HPI

2 STONEGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Holland local authority area over time, sourced from the HPI. The five 2 STONEGATE sales between September 1996 and August 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 August 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2005 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 STONEGATE be worth now?

2 STONEGATE might now be worth an estimated £123,522.

This is based on house price inflation of 66.9%, between August 2005 and April 2026, for terraced 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 66.9% inflationary increase is applied to the most recent sale price for 2 STONEGATE of £74,000 on 12th August 2005. For the value to have increased from £74,000 to £123,522 over the 21 years and four months to April 2026, the following assumptions must hold true:

• The value of 2 STONEGATE has moved in line with the HPI for terraced houses in the South Holland local authority area.
• The August 2005 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STONEGATE has not materially changed since August 2005.

How Large is 2 STONEGATE?

2 STONEGATE is 51m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of terraced houses houses in Gedney, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gedney, and where 2 STONEGATE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 STONEGATE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gedney.

2 STONEGATE: Plot and Title Map

2 STONEGATE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 2 STONEGATE, 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 STONEGATE). 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 STONEGATE?

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