22, WARGATE WAY, GOSBERTON, SPALDING, PE11 4HE - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 WARGATE WAY is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £260,000 in July 2020, which was around 13% above the average July 2020 detached price in the South Holland local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

22 WARGATE WAY Sold Prices

Land registry data shows two sales for 22 WARGATE WAY 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 22 WARGATE WAY 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
2020 27 JUL	£260,000	£230,790	13% above HPI
2015 4 DEC	£209,950	£196,850	7% above HPI

22 WARGATE WAY 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 22 WARGATE WAY sales from December 2015 and July 2020 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 22 WARGATE WAY?

22 WARGATE WAY is 114m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 22 WARGATE WAY lies on this distribution: 54% of detached houses are smaller than 22 WARGATE WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

22 WARGATE WAY: Plot and Title Map

22 WARGATE WAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 22 WARGATE WAY, 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 WARGATE WAY). 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 WARGATE WAY?

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