FIGARO, STONEGATE, GEDNEY, SPALDING, PE12 0BY - £234,750

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.

FIGARO is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £327,567. It was last sold for £234,750 in July 2016, which was around 14% above the average July 2016 detached price in the South Holland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

FIGARO Sold Prices

Land registry data shows two sales for FIGARO 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 FIGARO 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
2016 11 JUL	£234,750	£206,400	14% above HPI
2002 13 SEP	£169,950	£117,831	44% above HPI

FIGARO 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 FIGARO sales from September 2002 and July 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 September 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might FIGARO be worth now?

FIGARO might now be worth an estimated £327,567.

This is based on house price inflation of 39.5%, between July 2016 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 39.5% inflationary increase is applied to the most recent sale price for FIGARO of £234,750 on 11th July 2016. For the value to have increased from £234,750 to £327,567 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of FIGARO has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2016 sale price of £234,750 represented a fair market value for the property.
• The size, condition, and specification of FIGARO has not materially changed since July 2016.

How Large is FIGARO?

FIGARO is 128m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gedney, and where FIGARO lies on this distribution: 62% of detached houses houses are smaller than FIGARO, and 36% of houses are larger. Note that EPC data is not available for all properties in Gedney.

FIGARO: Plot and Title Map

FIGARO sits on a plot of roughly 0.289 of an acre, or 1,169m². The below map shows the location of FIGARO, 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 FIGARO). 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 FIGARO?

FIGARO is located on STONEGATE in GEDNEY, in the PE12 postcode district. The below map shows the position of FIGARO on STONEGATE.