49, BOWGATE, GOSBERTON, SPALDING, PE11 4LL - £175,000

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

49 BOWGATE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £175,000 in October 2016, which was around 18% below the average October 2016 detached price in the South Holland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

49 BOWGATE Sold Prices

Land registry data shows four sales for 49 BOWGATE 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 49 BOWGATE 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
2016 21 OCT	£175,000	£212,967	18% below HPI
2002 26 JUL	£92,500	£111,869	17% below HPI
2001 4 DEC	£84,950	£101,548	16% below HPI
1999 9 JUL	£52,500	£69,435	24% below HPI

49 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 four 49 BOWGATE sales between July 1999 and October 2016 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 July 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 49 BOWGATE?

49 BOWGATE is 77m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 49 BOWGATE lies on this distribution: 19% of detached houses are smaller than 49 BOWGATE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

49 BOWGATE: Plot and Title Map

49 BOWGATE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 49 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 49 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 49 BOWGATE?

49 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 49 on BOWGATE.