38, MEADOWGATE LANE, SPALDING, PE11 1NF - £185,000

38 MEADOWGATE LANE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £185,000 in March 2016, which was around 10% below the average March 2016 detached price in the South Holland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

38 MEADOWGATE LANE Sold Prices

Land registry data shows two sales for 38 MEADOWGATE LANE 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 38 MEADOWGATE LANE 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
2016 24 MAR	£185,000	£206,362	10% below HPI
1996 4 JUL	£54,500	£56,296	3% below HPI

38 MEADOWGATE LANE 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 38 MEADOWGATE LANE sales from July 1996 and March 2016 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 July 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 38 MEADOWGATE LANE?

38 MEADOWGATE LANE is 130m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 38 MEADOWGATE LANE lies on this distribution: 71% of detached houses are smaller than 38 MEADOWGATE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Spalding.

38 MEADOWGATE LANE: Plot and Title Map

38 MEADOWGATE LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 38 MEADOWGATE LANE, 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 38 MEADOWGATE LANE). 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 38 MEADOWGATE LANE?

38 MEADOWGATE LANE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 38 on MEADOWGATE LANE.