8, LOWGATE, GEDNEY DYKE, SPALDING, PE12 0BB - £257,000

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.

8 LOWGATE is a midsized extended detached house of 139m², built sometime between 1976 and 1982, which could now be worth an estimated £314,240. It was last sold for £257,000 in December 2018, which was around 9% above the average December 2018 detached price in the South Holland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was A.

8 LOWGATE Sold Prices

Land registry data shows three sales for 8 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 8 LOWGATE sales were for 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
2018 14 DEC	£257,000	£235,546	9% above HPI
2000 28 JUN	£90,000	£82,001	10% above HPI
1996 5 NOV	£60,000	£54,733	10% above HPI

8 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 8 LOWGATE sales between November 1996 and December 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 8 LOWGATE be worth now?

8 LOWGATE might now be worth an estimated £314,240.

This is based on house price inflation of 22.3%, between December 2018 and May 2026, 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 22.3% inflationary increase is applied to the most recent sale price for 8 LOWGATE of £257,000 on 14th December 2018. For the value to have increased from £257,000 to £314,240 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 LOWGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2018 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOWGATE has not materially changed since December 2018.

How Large is 8 LOWGATE?

8 LOWGATE is 139m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses houses in Gedney Dyke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney Dyke, and where 8 LOWGATE lies on this distribution: 60% of detached houses houses are smaller than 8 LOWGATE, and 40% of houses are larger. Note that EPC data is not available for all properties in Gedney Dyke.

8 LOWGATE: Plot and Title Map

8 LOWGATE sits on a plot of roughly 0.249 of an acre, or 1,009m². The below map shows the location of 8 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 8 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 8 LOWGATE?

8 LOWGATE is located in GEDNEY DYKE, in the PE12 postcode district. The below map shows the position of No. 8 on LOWGATE.