31, BOWGATE, GOSBERTON, SPALDING, PE11 4LL - £215,000

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

31 BOWGATE is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £215,000 in November 2018, which was around 9% below the average November 2018 detached price in the South Holland local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

31 BOWGATE Sold Prices

Land registry data shows three sales for 31 BOWGATE 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. Two of the three 31 BOWGATE sales were for below the average price, whilst one was 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
2018 27 NOV	£215,000	£237,025	9% below HPI
2013 1 OCT	£179,995	£173,985	3% above HPI
2007 4 JUL	£188,000	£194,398	3% below HPI

31 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 three 31 BOWGATE sales between July 2007 and November 2018 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 October 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 31 BOWGATE?

31 BOWGATE is 101m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 31 BOWGATE lies on this distribution: 40% of detached houses are smaller than 31 BOWGATE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

31 BOWGATE: Plot and Title Map

31 BOWGATE sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of 31 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 31 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 31 BOWGATE?

31 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 31 on BOWGATE.