4, PARK CLOSE, GOSBERTON, SPALDING, PE11 4FA - £440,000

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

4 PARK CLOSE is a very large detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £449,135. It was last sold for £440,000 in December 2023, which was around 57% above the average December 2023 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was B.

4 PARK CLOSE Sold Prices

Land registry data shows five sales for 4 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 4 PARK CLOSE 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
2023 11 DEC	£440,000	£280,172	57% above HPI
2021 25 NOV	£345,000	£267,601	29% above HPI
2011 18 MAY	£275,000	£164,336	67% above HPI
2008 18 JAN	£280,000	£194,553	44% above HPI
2000 28 JUL	£151,000	£82,755	82% above HPI

4 PARK CLOSE 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 five 4 PARK CLOSE sales between July 2000 and December 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 November 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 4 PARK CLOSE be worth now?

4 PARK CLOSE might now be worth an estimated £449,135.

This is based on house price inflation of 2.1%, between December 2023 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 2.1% inflationary increase is applied to the most recent sale price for 4 PARK CLOSE of £440,000 on 11th December 2023. For the value to have increased from £440,000 to £449,135 over the one year to December 2024, the following assumptions must hold true:

• The value of 4 PARK CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARK CLOSE has not materially changed since December 2023.

How Large is 4 PARK CLOSE?

4 PARK CLOSE is 168m² according to the EPC inspection conducted in August 2023. This puts it in the largest 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 4 PARK CLOSE lies on this distribution: 85% of detached houses houses are smaller than 4 PARK CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

4 PARK CLOSE: Plot and Title Map

4 PARK CLOSE sits on a plot of roughly 0.309 of an acre, or 1,252m². The below map shows the location of 4 PARK CLOSE, 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 4 PARK CLOSE). 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 4 PARK CLOSE?

4 PARK CLOSE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 4 on PARK CLOSE.