SUNSET LODGE, CHESBOULE LANE, GOSBERTON RISEGATE, SPALDING, PE11 4EU - £238,000

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

SUNSET LODGE is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £238,000 in March 2021, which was around 4% below the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

SUNSET LODGE Sold Prices

Land registry data shows three sales for SUNSET LODGE 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. All of the three SUNSET LODGE 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
2021 11 MAR	£238,000	£249,109	4% below HPI
2008 22 FEB	£152,000	£193,816	22% below HPI
1997 7 FEB	£52,000	£56,534	8% below HPI

SUNSET LODGE 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 SUNSET LODGE sales between February 1997 and March 2021 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 February 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is SUNSET LODGE?

SUNSET LODGE is 134m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in Risegate, based on EPC data. The below chart shows the distribution of detached houses by size in Risegate, and where SUNSET LODGE lies on this distribution: 73% of detached houses are smaller than SUNSET LODGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Risegate.

SUNSET LODGE: Plot and Title Map

SUNSET LODGE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of SUNSET LODGE, 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 SUNSET LODGE). 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 SUNSET LODGE?

SUNSET LODGE is located on CHESBOULE LANE in GOSBERTON RISEGATE, in the PE11 postcode district. The below map shows the position of SUNSET LODGE on CHESBOULE LANE.