55, BOWGATE, GOSBERTON, SPALDING, PE11 4LL - £195,000

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

55 BOWGATE is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £195,000 in January 2020, which was around 18% below the average January 2020 detached price in the South Holland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

55 BOWGATE Sold Prices

Land registry data shows two sales for 55 BOWGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 55 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
2020 9 JAN	£195,000	£236,386	18% below HPI
2001 18 MAY	£81,000	£90,445	10% below HPI

55 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 two 55 BOWGATE sales from May 2001 and January 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 May 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 BOWGATE?

55 BOWGATE is 88m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 55 BOWGATE lies on this distribution: 27% of detached houses are smaller than 55 BOWGATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

55 BOWGATE: Plot and Title Map

55 BOWGATE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 55 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 55 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 55 BOWGATE?

55 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 55 on BOWGATE.