MAGPIE LODGE, FENGATE, MOULTON CHAPEL, SPALDING, PE12 0XL - £575,000

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.

MAGPIE LODGE is a large detached house of 180m², built in 2022, which could now be worth an estimated £522,180. It was last sold for £575,000 in October 2022, which was around 93% above the average October 2022 detached price in the South Holland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

MAGPIE LODGE Sold Prices

Land registry data shows three sales for MAGPIE LODGE 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. One of the three MAGPIE LODGE sales was for above the average price, whilst two 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
2022 4 OCT	£575,000	£298,635	93% above HPI
2003 15 AUG	£87,500	£137,065	36% below HPI
2000 22 MAY	£39,000	£78,390	50% below HPI

MAGPIE LODGE 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 MAGPIE LODGE sales between May 2000 and October 2022 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 August 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2022 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might MAGPIE LODGE be worth now?

MAGPIE LODGE might now be worth an estimated £522,180.

This is based on house price deflation of 9.2%, between October 2022 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 9.2% deflationary decrease is applied to the most recent sale price for MAGPIE LODGE of £575,000 on 4th October 2022. For the value to have decreased from £575,000 to £522,180 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of MAGPIE LODGE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of MAGPIE LODGE has not materially changed since October 2022.

How Large is MAGPIE LODGE?

MAGPIE LODGE is 180m² according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses houses in Moulton Chapel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Moulton Chapel, and where MAGPIE LODGE lies on this distribution: 75% of detached houses houses are smaller than MAGPIE LODGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Moulton Chapel.

MAGPIE LODGE: Plot and Title Map

MAGPIE LODGE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of MAGPIE LODGE, 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 MAGPIE LODGE). 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 MAGPIE LODGE?

MAGPIE LODGE is located on FENGATE in MOULTON CHAPEL, in the PE12 postcode district. The below map shows the position of MAGPIE LODGE on FENGATE.