2, BEAR LANE, PINCHBECK, SPALDING, PE11 3XA - £240,000

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.

2 BEAR LANE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £245,579. It was last sold for £240,000 in March 2024, which was around 12% below the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 BEAR LANE Sold Prices

Land registry data shows three sales for 2 BEAR LANE 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 2 BEAR LANE 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
2024 15 MAR	£240,000	£271,858	12% below HPI
2017 6 SEP	£165,000	£222,985	26% below HPI
2015 10 JUL	£138,000	£195,829	30% below HPI

2 BEAR 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 three 2 BEAR LANE sales between July 2015 and March 2024 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 September 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 BEAR LANE be worth now?

2 BEAR LANE might now be worth an estimated £245,579.

This is based on house price inflation of 2.3%, between March 2024 and February 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 2.3% inflationary increase is applied to the most recent sale price for 2 BEAR LANE of £240,000 on 15th March 2024. For the value to have increased from £240,000 to £245,579 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 2 BEAR LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEAR LANE has not materially changed since March 2024.

How Large is 2 BEAR LANE?

2 BEAR LANE is 93m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 2 BEAR LANE lies on this distribution: 33% of detached houses houses are smaller than 2 BEAR LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

2 BEAR LANE: Plot and Title Map

2 BEAR LANE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 2 BEAR 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 2 BEAR 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 2 BEAR LANE?

2 BEAR LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 2 on BEAR LANE.