87, BACKGATE, COWBIT, SPALDING, PE12 6AP - £275,000

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.

87 BACKGATE is a very small extended detached house of 87m², built sometime before 1900, which could now be worth an estimated £266,246. It was last sold for £275,000 in April 2023, which was around 5% below the average April 2023 detached price in the South Holland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

87 BACKGATE Sold Prices

Land registry data shows one sale for 87 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
2023 5 APR	£275,000	£289,923	5% below HPI

What might 87 BACKGATE be worth now?

87 BACKGATE might now be worth an estimated £266,246.

This is based on house price deflation of 3.2%, between April 2023 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 3.2% deflationary decrease is applied to the most recent sale price for 87 BACKGATE of £275,000 on 5th April 2023. For the value to have decreased from £275,000 to £266,246 over the three years to April 2026, the following assumptions must hold true:

• The value of 87 BACKGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 87 BACKGATE has not materially changed since April 2023.

How Large is 87 BACKGATE?

87 BACKGATE is 87m², which includes one extension, according to the EPC inspection conducted in January 2015. 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 87 BACKGATE lies on this distribution: 13% of detached houses are smaller than 87 BACKGATE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Cowbit.

87 BACKGATE: Plot

87 BACKGATE sits on a plot of roughly 0.120 of an acre, or 485m².

Where is 87 BACKGATE?

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