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

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

GREENACRE is a very large detached house of 240m², built sometime between 1991 and 1995. It was last sold for £320,000 in October 2020, which was around 32% 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. Two of the three GREENACRE sales were for above the average price, whilst one 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
2020 12 OCT	£320,000	£241,697	32% above HPI
2010 9 NOV	£250,000	£169,525	47% above HPI
1996 23 JAN	£55,000	£55,323	1% below 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

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 in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where GREENACRE lies on this distribution: 99% of detached houses are smaller than GREENACRE, and 1% 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.