1, PINE COURT, SPALDING, PE12 6FG - £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.

1 PINE COURT is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £321,058. It was last sold for £260,000 in February 2018, which was around 15% above the average February 2018 detached price in the South Holland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

1 PINE COURT Sold Prices

Land registry data shows four sales for 1 PINE COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four 1 PINE COURT 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
2018 27 FEB	£260,000	£225,275	15% above HPI
2006 28 SEP	£180,000	£184,839	3% below HPI
2005 23 SEP	£190,000	£170,926	11% above HPI
2004 29 JUL	£167,500	£156,231	7% above HPI

1 PINE COURT 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 four 1 PINE COURT sales between July 2004 and February 2018 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 PINE COURT be worth now?

1 PINE COURT might now be worth an estimated £321,058.

This is based on house price inflation of 23.5%, between February 2018 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 23.5% inflationary increase is applied to the most recent sale price for 1 PINE COURT of £260,000 on 27th February 2018. For the value to have increased from £260,000 to £321,058 over the seven years to February 2025, the following assumptions must hold true:

• The value of 1 PINE COURT has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PINE COURT has not materially changed since February 2018.

How Large is 1 PINE COURT?

1 PINE COURT is 115m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% 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 PINE COURT lies on this distribution: 54% of detached houses houses are smaller than 1 PINE COURT, and 45% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 PINE COURT: Plot and Title Map

1 PINE COURT sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 PINE COURT, 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 PINE COURT). 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 PINE COURT?

1 PINE COURT is located in SPALDING, in the PE12 postcode district. The below map shows the position of No. 1 on PINE COURT.