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

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.

27 BELCHMIRE LANE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £158,511. 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	£298,340	43% below HPI
2001 22 AUG	£51,250	£96,871	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.

What might 27 BELCHMIRE LANE be worth now?

27 BELCHMIRE LANE might now be worth an estimated £158,511.

This is based on house price deflation of 6.8%, between November 2022 and February 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 6.8% deflationary decrease is applied to the most recent sale price for 27 BELCHMIRE LANE of £170,000 on 14th November 2022. For the value to have decreased from £170,000 to £158,511 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 27 BELCHMIRE LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BELCHMIRE LANE has not materially changed since November 2022.

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 houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosberton, and where 27 BELCHMIRE LANE lies on this distribution: 7% of detached houses 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.