7, SPALDING ROAD, GOSBERTON, SPALDING, PE11 4NP - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SPALDING ROAD is a midsized detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £526,817. It was last sold for £565,000 in November 2022, which was around 89% above the average November 2022 detached price in the South Holland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

7 SPALDING ROAD Sold Prices

Land registry data shows two sales for 7 SPALDING ROAD 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. One of the two 7 SPALDING ROAD sales was for above the average price, whilst the other was 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
2022 15 NOV	£565,000	£298,340	89% above HPI
2018 12 SEP	£220,000	£236,918	7% below HPI

7 SPALDING ROAD 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 7 SPALDING ROAD sales from September 2018 and November 2022 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 September 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 7 SPALDING ROAD be worth now?

7 SPALDING ROAD might now be worth an estimated £526,817.

This is based on house price deflation of 6.8%, between November 2022 and February 2025, 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 6.8% deflationary decrease is applied to the most recent sale price for 7 SPALDING ROAD of £565,000 on 15th November 2022. For the value to have decreased from £565,000 to £526,817 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 SPALDING ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPALDING ROAD has not materially changed since November 2022.

How Large is 7 SPALDING ROAD?

7 SPALDING ROAD is 102m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% 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 7 SPALDING ROAD lies on this distribution: 41% of detached houses houses are smaller than 7 SPALDING ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

7 SPALDING ROAD: Plot and Title Map

7 SPALDING ROAD sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of 7 SPALDING ROAD, 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 7 SPALDING ROAD). 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 7 SPALDING ROAD?

7 SPALDING ROAD is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 7 on SPALDING ROAD.