17, MEDWAY CLOSE, GOSBERTON, SPALDING, PE11 4HS - £242,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 MEDWAY CLOSE is a very large detached house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £413,094. It was last sold for £242,500 in December 2010, which was around 44% above the average December 2010 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was D.

17 MEDWAY CLOSE Sold Prices

Land registry data shows four sales for 17 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 17 MEDWAY CLOSE 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
2010 15 DEC	£242,500	£167,885	44% above HPI
2007 4 OCT	£275,000	£196,742	40% above HPI
2004 22 JUL	£250,000	£156,231	60% above HPI
1997 15 DEC	£115,000	£61,347	87% above HPI

17 MEDWAY CLOSE 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 four 17 MEDWAY CLOSE sales between December 1997 and December 2010 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 October 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2010 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 17 MEDWAY CLOSE be worth now?

17 MEDWAY CLOSE might now be worth an estimated £413,094.

This is based on house price inflation of 70.3%, between December 2010 and December 2024, 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 70.3% inflationary increase is applied to the most recent sale price for 17 MEDWAY CLOSE of £242,500 on 15th December 2010. For the value to have increased from £242,500 to £413,094 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 17 MEDWAY CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2010 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 17 MEDWAY CLOSE has not materially changed since December 2010.

How Large is 17 MEDWAY CLOSE?

17 MEDWAY CLOSE is 161m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosberton, and where 17 MEDWAY CLOSE lies on this distribution: 82% of detached houses houses are smaller than 17 MEDWAY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

17 MEDWAY CLOSE: Plot and Title Map

17 MEDWAY CLOSE sits on a plot of roughly 0.212 of an acre, or 857m². The below map shows the location of 17 MEDWAY CLOSE, 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 17 MEDWAY CLOSE). 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 17 MEDWAY CLOSE?

17 MEDWAY CLOSE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 17 on MEDWAY CLOSE.