32, WARGATE WAY, GOSBERTON, SPALDING, PE11 4HE - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 WARGATE WAY is a very small extended detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £202,912. It was last sold for £165,000 in April 2020, which was around 29% below the average April 2020 detached price in the South Holland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

32 WARGATE WAY Sold Prices

Land registry data shows three sales for 32 WARGATE WAY 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 32 WARGATE WAY 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
2020 24 APR	£165,000	£232,555	29% below HPI
2019 14 JAN	£3,000	£234,944	99% below HPI
2018 12 JUL	£140,000	£234,446	40% below HPI

32 WARGATE WAY 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 32 WARGATE WAY sales between July 2018 and April 2020 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 January 2019 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the April 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 32 WARGATE WAY be worth now?

32 WARGATE WAY might now be worth an estimated £202,912.

This is based on house price inflation of 23%, between April 2020 and December 2024, 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 23% inflationary increase is applied to the most recent sale price for 32 WARGATE WAY of £165,000 on 24th April 2020. For the value to have increased from £165,000 to £202,912 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 32 WARGATE WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 32 WARGATE WAY has not materially changed since April 2020.

How Large is 32 WARGATE WAY?

32 WARGATE WAY is 67m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 32 WARGATE WAY lies on this distribution: 13% of detached houses houses are smaller than 32 WARGATE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

32 WARGATE WAY: Plot and Title Map

32 WARGATE WAY sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 32 WARGATE WAY, 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 32 WARGATE WAY). 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 32 WARGATE WAY?

32 WARGATE WAY is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 32 on WARGATE WAY.