GREENACRE, BOSTON ROAD, GOSBERTON, SPALDING, PE11 4PA - £320,000

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.

GREENACRE is a very large detached house of 240m², built sometime between 1991 and 1995, which could now be worth an estimated £370,113. It was last sold for £320,000 in October 2020, which was around 33% above the average October 2020 detached price in the South Holland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

GREENACRE Sold Prices

Land registry data shows three sales for GREENACRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The three GREENACRE sales were a mix of above the average price, and roughly equal to 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 12 OCT	£320,000	£240,513	33% above HPI
2010 9 NOV	£250,000	£168,695	48% above HPI
1996 23 JAN	£55,000	£55,052	Close to HPI

GREENACRE 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 three GREENACRE sales between January 1996 and October 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 November 2010 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might GREENACRE be worth now?

GREENACRE might now be worth an estimated £370,113.

This is based on house price inflation of 15.7%, between October 2020 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 15.7% inflationary increase is applied to the most recent sale price for GREENACRE of £320,000 on 12th October 2020. For the value to have increased from £320,000 to £370,113 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of GREENACRE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRE has not materially changed since October 2020.

How Large is GREENACRE?

GREENACRE is 240m² according to the EPC inspection conducted in July 2010. This puts it in the largest 10% 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 GREENACRE lies on this distribution: 98% of detached houses houses are smaller than GREENACRE, and 2% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 2.8 acres, or 11,341m². The below map shows the location of GREENACRE, 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 GREENACRE). 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 GREENACRE?

GREENACRE is located on BOSTON ROAD in GOSBERTON, in the PE11 postcode district. The below map shows the position of GREENACRE on BOSTON ROAD.