184, PENNYGATE, SPALDING, PE11 1LT - £103,400

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

184 PENNYGATE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £190,084. It was last sold for £103,400 in September 2004, which was about the average September 2004 semi-detached price in the South Holland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

184 PENNYGATE Sold Prices

Land registry data shows three sales for 184 PENNYGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. The three 184 PENNYGATE sales were a mix of roughly equal to the average price, above the average price, and 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
2004 24 SEP	£103,400	£103,914	Close to HPI
2002 31 MAY	£62,500	£66,595	6% below HPI
1995 18 AUG	£37,500	£33,950	10% above HPI

184 PENNYGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 184 PENNYGATE sales between August 1995 and September 2004 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 May 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 184 PENNYGATE be worth now?

184 PENNYGATE might now be worth an estimated £190,084.

This is based on house price inflation of 83.8%, between September 2004 and February 2025, for semi-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 83.8% inflationary increase is applied to the most recent sale price for 184 PENNYGATE of £103,400 on 24th September 2004. For the value to have increased from £103,400 to £190,084 over the 21 years and seven months to February 2025, the following assumptions must hold true:

• The value of 184 PENNYGATE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The September 2004 sale price of £103,400 represented a fair market value for the property.
• The size, condition, and specification of 184 PENNYGATE has not materially changed since September 2004.

How Large is 184 PENNYGATE?

184 PENNYGATE is 62m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 184 PENNYGATE lies on this distribution: 3% of semi-detached houses houses are smaller than 184 PENNYGATE, and 96% of houses are larger. Note that EPC data is not available for all properties in Spalding.

184 PENNYGATE: Plot and Title Map

184 PENNYGATE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 184 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 184 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 184 PENNYGATE?

184 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 184 on PENNYGATE.