THE ROWANS, WINDMILL LANE, GOSBERTON, SPALDING, PE11 4ES - £495,000

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.

THE ROWANS is a midsized detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £489,675. It was last sold for £495,000 in October 2024, which was around 76% above the average October 2024 detached price in the South Holland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

THE ROWANS Sold Prices

Land registry data shows two sales for THE ROWANS 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 THE ROWANS 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
2024 8 OCT	£495,000	£281,203	76% above HPI
2020 23 OCT	£175,000	£240,513	27% below HPI

THE ROWANS 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 THE ROWANS sales from October 2020 and October 2024 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 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2024 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might THE ROWANS be worth now?

THE ROWANS might now be worth an estimated £489,675.

This is based on house price deflation of 1.1%, between October 2024 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 1.1% deflationary decrease is applied to the most recent sale price for THE ROWANS of £495,000 on 8th October 2024. For the value to have decreased from £495,000 to £489,675 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of THE ROWANS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2024 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of THE ROWANS has not materially changed since October 2024.

How Large is THE ROWANS?

THE ROWANS is 115m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Risegate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Risegate, and where THE ROWANS lies on this distribution: 58% of detached houses houses are smaller than THE ROWANS, and 42% of houses are larger. Note that EPC data is not available for all properties in Risegate.

THE ROWANS: Plot and Title Map

THE ROWANS sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of THE ROWANS, 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 THE ROWANS). 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 THE ROWANS?

THE ROWANS is located on WINDMILL LANE in GOSBERTON, in the PE11 postcode district. The below map shows the position of THE ROWANS on WINDMILL LANE.