16, TOWN FARM CLOSE, PINCHBECK, SPALDING, PE11 3SG - £119,950

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.

16 TOWN FARM CLOSE is a midsized detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £292,011. It was last sold for £119,950 in August 2002, which was around 6% above the average August 2002 detached price in the South Holland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

16 TOWN FARM CLOSE Sold Prices

Land registry data shows four sales for 16 TOWN FARM CLOSE 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 TOWN FARM CLOSE 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
2002 2 AUG	£119,950	£113,477	6% above HPI
1999 2 JUL	£65,000	£69,095	6% below HPI
1998 22 MAY	£63,500	£62,824	1% above HPI
1995 25 SEP	£50,000	£54,583	8% below HPI

16 TOWN FARM CLOSE 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 TOWN FARM CLOSE sales between September 1995 and August 2002 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 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2002 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 16 TOWN FARM CLOSE be worth now?

16 TOWN FARM CLOSE might now be worth an estimated £292,011.

This is based on house price inflation of 143.4%, between August 2002 and March 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 143.4% inflationary increase is applied to the most recent sale price for 16 TOWN FARM CLOSE of £119,950 on 2nd August 2002. For the value to have increased from £119,950 to £292,011 over the 23 years and five months to March 2025, the following assumptions must hold true:

• The value of 16 TOWN FARM CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2002 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 16 TOWN FARM CLOSE has not materially changed since August 2002.

How Large is 16 TOWN FARM CLOSE?

16 TOWN FARM CLOSE is 100m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinchbeck, and where 16 TOWN FARM CLOSE lies on this distribution: 40% of detached houses houses are smaller than 16 TOWN FARM CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

16 TOWN FARM CLOSE: Plot and Title Map

16 TOWN FARM CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 16 TOWN FARM CLOSE, 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 TOWN FARM CLOSE). 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 TOWN FARM CLOSE?

16 TOWN FARM CLOSE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 16 on TOWN FARM CLOSE.