3, LOWGATE, FLEET, SPALDING, PE12 8LN - £92,500

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.

3 LOWGATE is a small extended detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £105,968. It was last sold for £92,500 in October 2018, which was around 61% below the average October 2018 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

3 LOWGATE Sold Prices

Land registry data shows three sales for 3 LOWGATE 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 3 LOWGATE 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
2018 31 OCT	£92,500	£236,733	61% below HPI
2013 11 JUN	£73,000	£163,020	55% below HPI
2008 28 MAR	£115,000	£188,440	39% below HPI

3 LOWGATE 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 3 LOWGATE sales between March 2008 and October 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 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2018 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 3 LOWGATE be worth now?

3 LOWGATE might now be worth an estimated £105,968.

This is based on house price inflation of 14.6%, between October 2018 and June 2025, for detached 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 14.6% inflationary increase is applied to the most recent sale price for 3 LOWGATE of £92,500 on 31st October 2018. For the value to have increased from £92,500 to £105,968 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 3 LOWGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2018 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWGATE has not materially changed since October 2018.

How Large is 3 LOWGATE?

3 LOWGATE is 92m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where 3 LOWGATE lies on this distribution: 37% of detached houses houses are smaller than 3 LOWGATE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

3 LOWGATE: Plot and Title Map

3 LOWGATE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 LOWGATE, 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 3 LOWGATE). 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 3 LOWGATE?

3 LOWGATE is located in FLEET, in the PE12 postcode district. The below map shows the position of No. 3 on LOWGATE.