NELDAR, NORTHGATE, GOSBERTON, SPALDING, PE11 4LJ - £180,000

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

NELDAR is a midsized detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £284,635. It was last sold for £180,000 in August 2014, which was about the average August 2014 detached price in the South Holland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

NELDAR Sold Prices

Land registry data shows two sales for NELDAR 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 NELDAR sales was roughly equal to 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
2014 12 AUG	£180,000	£180,856	Close to HPI
2001 18 OCT	£20,000	£99,794	80% below HPI

NELDAR 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 NELDAR sales from October 2001 and August 2014 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 October 2001 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the August 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might NELDAR be worth now?

NELDAR might now be worth an estimated £284,635.

This is based on house price inflation of 58.1%, between August 2014 and December 2024, 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 58.1% inflationary increase is applied to the most recent sale price for NELDAR of £180,000 on 12th August 2014. For the value to have increased from £180,000 to £284,635 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of NELDAR has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of NELDAR has not materially changed since August 2014.

How Large is NELDAR?

NELDAR is 118m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 NELDAR lies on this distribution: 56% of detached houses houses are smaller than NELDAR, and 43% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

NELDAR: Plot and Title Map

NELDAR sits on a plot of roughly 1.5 acres, or 6,159m². The below map shows the location of NELDAR, 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 NELDAR). 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 NELDAR?

NELDAR is located on NORTHGATE in GOSBERTON, in the PE11 postcode district. The below map shows the position of NELDAR on NORTHGATE.