16, FLAXMILL LANE, PINCHBECK, SPALDING, PE11 3XN - £312,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FLAXMILL LANE is a very large detached house of 152m², built sometime between 1983 and 1990. It was last sold for £312,500 in August 2019, which was around 33% above the average August 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

16 FLAXMILL LANE Sold Prices

Land registry data shows four sales for 16 FLAXMILL LANE 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. two of the four 16 FLAXMILL LANE sales were for above the average price, and four 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
2019 19 AUG	£312,500	£235,256	33% above HPI
2010 23 JUL	£205,000	£178,838	15% above HPI
2008 23 MAY	£120,000	£189,324	37% below HPI
2007 2 FEB	£101,000	£187,594	46% below HPI

16 FLAXMILL LANE 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 16 FLAXMILL LANE sales between February 2007 and August 2019 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 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2019 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 16 FLAXMILL LANE?

16 FLAXMILL LANE is 152m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 16 FLAXMILL LANE lies on this distribution: 83% of detached houses are smaller than 16 FLAXMILL LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

16 FLAXMILL LANE: Plot and Title Map

16 FLAXMILL LANE sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of 16 FLAXMILL LANE, 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 16 FLAXMILL LANE). 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 16 FLAXMILL LANE?

16 FLAXMILL LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 16 on FLAXMILL LANE.