5, SALEM STREET, GOSBERTON, SPALDING, PE11 4NQ - £109,000

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

5 SALEM STREET is a small extended semi-detached house of 84m², built sometime before 1900, which could now be worth an estimated £149,777. It was last sold for £109,000 in March 2017, which was around 24% below the average March 2017 semi-detached price in the South Holland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was D.

5 SALEM STREET Sold Prices

Land registry data shows three sales for 5 SALEM STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 5 SALEM STREET 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
2017 23 MAR	£109,000	£143,273	24% below HPI
2014 24 JUN	£80,000	£119,461	33% below HPI
1998 16 OCT	£30,000	£40,741	26% below HPI

5 SALEM STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 5 SALEM STREET sales between October 1998 and March 2017 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 June 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 SALEM STREET be worth now?

5 SALEM STREET might now be worth an estimated £149,777.

This is based on house price inflation of 37.4%, between March 2017 and December 2024, for semi-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 37.4% inflationary increase is applied to the most recent sale price for 5 SALEM STREET of £109,000 on 23rd March 2017. For the value to have increased from £109,000 to £149,777 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 5 SALEM STREET has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The March 2017 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SALEM STREET has not materially changed since March 2017.

How Large is 5 SALEM STREET?

5 SALEM STREET is 84m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of semi-detached houses houses in Gosberton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gosberton, and where 5 SALEM STREET lies on this distribution: 24% of semi-detached houses houses are smaller than 5 SALEM STREET, and 76% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

5 SALEM STREET: Plot and Title Map

5 SALEM STREET sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 SALEM STREET, 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 5 SALEM STREET). 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 5 SALEM STREET?

5 SALEM STREET is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 5 on SALEM STREET.