1, DOWGATE CLOSE, SPALDING, PE11 1NG - £186,500

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.

1 DOWGATE CLOSE is a large extended detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £289,618. It was last sold for £186,500 in April 2015, which was around 1% above the average April 2015 detached price in the South Holland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

1 DOWGATE CLOSE Sold Prices

Land registry data shows two sales for 1 DOWGATE CLOSE 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. Both of the two 1 DOWGATE CLOSE sales were for above 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
2015 2 APR	£186,500	£185,463	1% above HPI
2000 11 JAN	£73,700	£71,783	3% above HPI

1 DOWGATE CLOSE 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 1 DOWGATE CLOSE sales from January 2000 and April 2015 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 January 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 DOWGATE CLOSE be worth now?

1 DOWGATE CLOSE might now be worth an estimated £289,618.

This is based on house price inflation of 55.3%, between April 2015 and May 2026, 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 55.3% inflationary increase is applied to the most recent sale price for 1 DOWGATE CLOSE of £186,500 on 2nd April 2015. For the value to have increased from £186,500 to £289,618 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 DOWGATE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2015 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DOWGATE CLOSE has not materially changed since April 2015.

How Large is 1 DOWGATE CLOSE?

1 DOWGATE CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 1 DOWGATE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 1 DOWGATE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 DOWGATE CLOSE: Plot and Title Map

1 DOWGATE CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 1 DOWGATE CLOSE, 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 1 DOWGATE CLOSE). 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 1 DOWGATE CLOSE?

1 DOWGATE CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on DOWGATE CLOSE.