71, BOWGATE, GOSBERTON, SPALDING, PE11 4LL - £205,000

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.

71 BOWGATE is a very small semi-detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £217,552. It was last sold for £205,000 in February 2022, which was around 14% above the average February 2022 semi-detached price in the South Holland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

71 BOWGATE Sold Prices

Land registry data shows two sales for 71 BOWGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. Both of the two 71 BOWGATE 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
2022 18 FEB	£205,000	£180,007	14% above HPI
2004 24 SEP	£116,495	£103,914	12% above HPI

71 BOWGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two 71 BOWGATE sales from September 2004 and February 2022 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 September 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 71 BOWGATE be worth now?

71 BOWGATE might now be worth an estimated £217,552.

This is based on house price inflation of 6.1%, between February 2022 and February 2025, for semi-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 6.1% inflationary increase is applied to the most recent sale price for 71 BOWGATE of £205,000 on 18th February 2022. For the value to have increased from £205,000 to £217,552 over the three years to February 2025, the following assumptions must hold true:

• The value of 71 BOWGATE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The February 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 71 BOWGATE has not materially changed since February 2022.

How Large is 71 BOWGATE?

71 BOWGATE is 70m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of semi-detached houses houses in Gosberton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gosberton, and where 71 BOWGATE lies on this distribution: 14% of semi-detached houses houses are smaller than 71 BOWGATE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

71 BOWGATE: Plot and Title Map

71 BOWGATE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 71 BOWGATE, 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 71 BOWGATE). 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 71 BOWGATE?

71 BOWGATE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 71 on BOWGATE.