16, PILGRIMS WAY, SPALDING, PE11 1LJ - £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

16 PILGRIMS WAY is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £185,000 in January 2020, which was around 22% below the average January 2020 detached price in the South Holland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

16 PILGRIMS WAY Sold Prices

Land registry data shows three sales for 16 PILGRIMS WAY 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 16 PILGRIMS WAY 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
2020 17 JAN	£185,000	£236,386	22% below HPI
2002 15 FEB	£79,000	£102,016	23% below HPI
1995 12 OCT	£45,000	£55,535	19% below HPI

16 PILGRIMS WAY 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 16 PILGRIMS WAY sales between October 1995 and January 2020 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 February 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 PILGRIMS WAY?

16 PILGRIMS WAY is 87m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 16 PILGRIMS WAY lies on this distribution: 24% of detached houses are smaller than 16 PILGRIMS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 PILGRIMS WAY: Plot and Title Map

16 PILGRIMS WAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 16 PILGRIMS WAY, 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 PILGRIMS WAY). 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 PILGRIMS WAY?

16 PILGRIMS WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 16 on PILGRIMS WAY.