27, BACKGATE, COWBIT, SPALDING, PE12 6AP - £260,000

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.

27 BACKGATE is a very small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £257,436. It was last sold for £260,000 in May 2022, which was around 8% below the average May 2022 detached price in the South Holland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

27 BACKGATE Sold Prices

Land registry data shows one sale for 27 BACKGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Holland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 13 MAY	£260,000	£283,490	8% below HPI

What might 27 BACKGATE be worth now?

27 BACKGATE might now be worth an estimated £257,436.

This is based on house price deflation of 1%, between May 2022 and April 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 1% deflationary decrease is applied to the most recent sale price for 27 BACKGATE of £260,000 on 13th May 2022. For the value to have decreased from £260,000 to £257,436 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 27 BACKGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BACKGATE has not materially changed since May 2022.

How Large is 27 BACKGATE?

27 BACKGATE is 93m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 27 BACKGATE lies on this distribution: 16% of detached houses are smaller than 27 BACKGATE, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Cowbit.

27 BACKGATE: Plot

27 BACKGATE sits on a plot of roughly 0.268 of an acre, or 1,086m².

Where is 27 BACKGATE?

27 BACKGATE is located in COWBIT, in the PE12 postcode district.