3, SILTSIDE, GOSBERTON RISEGATE, SPALDING, PE11 4ET - £267,000

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 SILTSIDE is a large extended detached house of 137m², built sometime between 1900 and 1929. It was last sold for £267,000 in May 2023, which was around 6% below the average May 2023 detached price in the South Holland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was F, and the potential energy rating was C.

3 SILTSIDE Sold Prices

Land registry data shows four sales for 3 SILTSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 3 SILTSIDE 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
2023 26 MAY	£267,000	£285,306	6% below HPI
2016 9 FEB	£174,000	£202,095	14% below HPI
2011 16 DEC	£135,000	£167,578	19% below HPI
2011 26 MAY	£90,000	£165,145	46% below HPI

3 SILTSIDE 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 four 3 SILTSIDE sales between May 2011 and May 2023 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 February 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 SILTSIDE?

3 SILTSIDE is 137m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Risegate, based on EPC data. The below chart shows the distribution of detached houses by size in Risegate, and where 3 SILTSIDE lies on this distribution: 75% of detached houses are smaller than 3 SILTSIDE, and 25% of houses are larger. Note that EPC data is not available for all properties in Risegate.

3 SILTSIDE: Plot and Title Map

3 SILTSIDE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 3 SILTSIDE, 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 SILTSIDE). 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 SILTSIDE?

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