24, HILLGATE, GEDNEY HILL, SPALDING, PE12 0NN - £75,000

24 HILLGATE is a midsized extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £75,000 in February 2005, which was around 57% below the average February 2005 detached price in the South Holland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was F, and the potential energy rating was D.

24 HILLGATE Sold Prices

Land registry data shows two sales for 24 HILLGATE 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 24 HILLGATE 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 4 FEB	£75,000	£174,202	57% below HPI
2002 3 JAN	£32,500	£100,024	68% below HPI

24 HILLGATE 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 24 HILLGATE sales from January 2002 and February 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 January 2002 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the February 2005 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 24 HILLGATE?

24 HILLGATE is 131m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% 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 24 HILLGATE lies on this distribution: 48% of detached houses are smaller than 24 HILLGATE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gedney Hill.

24 HILLGATE: Plot and Title Map

24 HILLGATE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 24 HILLGATE, 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 24 HILLGATE). 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 24 HILLGATE?

24 HILLGATE is located in GEDNEY HILL, in the PE12 postcode district. The below map shows the position of No. 24 on HILLGATE.