27, BELCHMIRE LANE, GOSBERTON, SPALDING, PE11 4HG - £170,000

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

27 BELCHMIRE LANE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £170,000 in November 2022, which was around 43% below the average November 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

27 BELCHMIRE LANE Sold Prices

Land registry data shows two sales for 27 BELCHMIRE LANE 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 27 BELCHMIRE LANE sales 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 14 NOV	£170,000	£299,809	43% below HPI
2001 22 AUG	£51,250	£97,348	47% below HPI

27 BELCHMIRE LANE 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 27 BELCHMIRE LANE sales from August 2001 and November 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 27 BELCHMIRE LANE?

27 BELCHMIRE LANE is 61m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 27 BELCHMIRE LANE lies on this distribution: 7% of detached houses are smaller than 27 BELCHMIRE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

27 BELCHMIRE LANE: Plot and Title Map

27 BELCHMIRE LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 27 BELCHMIRE LANE, 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 27 BELCHMIRE LANE). 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 27 BELCHMIRE LANE?

27 BELCHMIRE LANE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 27 on BELCHMIRE LANE.