16, THE PASTURES, COWBIT, SPALDING, PE12 6FL - £167,500

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 THE PASTURES is a very small semi-detached house of 69m². It was last sold for £167,500 in January 2021, which was around 30% below the average January 2021 detached price in the South Holland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

16 THE PASTURES Sold Prices

Land registry data shows five sales for 16 THE PASTURES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 16 THE PASTURES 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
2021 7 JAN	£167,500	£240,407	30% below HPI
2016 29 APR	£141,000	£211,084	33% below HPI
2014 21 MAR	£132,500	£175,981	25% below HPI
2006 17 NOV	£140,950	£186,241	24% below HPI
2003 30 JUN	£107,950	£138,951	22% below HPI

16 THE PASTURES 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 five 16 THE PASTURES sales between June 2003 and January 2021 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 April 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 THE PASTURES?

16 THE PASTURES is 69m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 16 THE PASTURES lies on this distribution: 4% of detached houses are smaller than 16 THE PASTURES, and 95% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

16 THE PASTURES: Plot and Title Map

16 THE PASTURES sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 16 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

16 THE PASTURES is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 16 on THE PASTURES.