28, SPALDING ROAD, GOSBERTON, SPALDING, PE11 4NP - £195,000

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

28 SPALDING ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £195,000 in November 2017, which was around 14% below the average November 2017 detached price in the South Holland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

28 SPALDING ROAD Sold Prices

Land registry data shows three sales for 28 SPALDING ROAD 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 28 SPALDING ROAD 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
2017 22 NOV	£195,000	£227,415	14% below HPI
2015 1 MAY	£152,000	£188,202	19% below HPI
1998 25 SEP	£47,000	£64,580	27% below HPI

28 SPALDING ROAD 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 28 SPALDING ROAD sales between September 1998 and November 2017 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 May 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 28 SPALDING ROAD?

28 SPALDING ROAD is 70m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 28 SPALDING ROAD lies on this distribution: 14% of detached houses are smaller than 28 SPALDING ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

28 SPALDING ROAD: Plot and Title Map

28 SPALDING ROAD sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 28 SPALDING ROAD, 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 28 SPALDING ROAD). 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 28 SPALDING ROAD?

28 SPALDING ROAD is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 28 on SPALDING ROAD.