22, BOWGATE, GOSBERTON, SPALDING, PE11 4ND - £280,000

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.

22 BOWGATE is a large extended detached house of 142m², built sometime between 1950 and 1966, which could now be worth an estimated £394,877. It was last sold for £280,000 in December 2015, which was around 43% above the average December 2015 detached price in the South Holland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

22 BOWGATE Sold Prices

Land registry data shows three sales for 22 BOWGATE 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 22 BOWGATE 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
2015 9 DEC	£280,000	£195,886	43% above HPI
2013 13 DEC	£240,000	£167,323	43% above HPI
2010 21 JUL	£215,000	£177,962	21% above HPI

22 BOWGATE 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 22 BOWGATE sales between July 2010 and December 2015 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 December 2013 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2015 sale, which was also at 43% above the HPI.

What might 22 BOWGATE be worth now?

22 BOWGATE might now be worth an estimated £394,877.

This is based on house price inflation of 41%, between December 2015 and March 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 41% inflationary increase is applied to the most recent sale price for 22 BOWGATE of £280,000 on 9th December 2015. For the value to have increased from £280,000 to £394,877 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 22 BOWGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BOWGATE has not materially changed since December 2015.

How Large is 22 BOWGATE?

22 BOWGATE is 142m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 22 BOWGATE lies on this distribution: 71% of detached houses houses are smaller than 22 BOWGATE, and 29% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

22 BOWGATE: Plot and Title Map

22 BOWGATE sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of 22 BOWGATE, 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 22 BOWGATE). 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 22 BOWGATE?

22 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 22 on BOWGATE.