143, PENNYGATE, SPALDING, PE11 1NW - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

143 PENNYGATE is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £185,000 in November 2018, which was around 22% below the average November 2018 detached price in the South Holland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

143 PENNYGATE Sold Prices

Land registry data shows three sales for 143 PENNYGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 143 PENNYGATE sales were for below 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 9 NOV	£185,000	£237,025	22% below HPI
2000 21 JUL	£66,250	£83,163	20% below HPI
1998 16 APR	£53,000	£61,112	13% below HPI

143 PENNYGATE 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 three 143 PENNYGATE sales between April 1998 and November 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 July 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 143 PENNYGATE?

143 PENNYGATE is 101m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 143 PENNYGATE lies on this distribution: 40% of detached houses are smaller than 143 PENNYGATE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spalding.

143 PENNYGATE: Plot and Title Map

143 PENNYGATE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 143 PENNYGATE, 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 143 PENNYGATE). 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 143 PENNYGATE?

143 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 143 on PENNYGATE.