3, BOWGATE, GOSBERTON, SPALDING, PE11 4ND - £340,000

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

3 BOWGATE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2021, which was around 29% above the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 BOWGATE Sold Prices

Land registry data shows two sales for 3 BOWGATE 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 3 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
2021 10 SEP	£340,000	£262,721	29% above HPI
2014 12 NOV	£244,000	£183,739	33% above HPI

3 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 two 3 BOWGATE sales from November 2014 and September 2021 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 November 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 BOWGATE?

3 BOWGATE is 163m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 3 BOWGATE lies on this distribution: 83% of detached houses are smaller than 3 BOWGATE, and 15% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

3 BOWGATE: Plot and Title Map

3 BOWGATE sits on a plot of roughly 0.456 of an acre, or 1,846m². The below map shows the location of 3 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 3 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 3 BOWGATE?

3 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 3 on BOWGATE.