Property Data Search:

2, PENNINE WAY, SPALDING, PE11 2DB - £190,000

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

2 PENNINE WAY is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £190,000 in September 2011, which was around 12% above the average September 2011 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

2 PENNINE WAY Sold Prices

Land registry data shows three sales for 2 PENNINE WAY since 1st 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 PENNINE WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2011
26 SEP
£190,000£170,314
up arrow
12% above HPI
2006
29 AUG
£189,000£184,016
up arrow
3% above HPI
2002
18 DEC
£155,000£126,263
up arrow
23% above HPI

2 PENNINE 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 2 PENNINE WAY sales between December 2002 and September 2011 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 August 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

2, PENNINE WAY, SPALDING, PE11 2DB: Price paid vs HM Land Registry's House Price Index

What might 2 PENNINE WAY be worth now?

2 PENNINE WAY might now be worth an estimated £319,045.

This is based on house price inflation of 67.9%, between September 2011 and December 2024, 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 67.9% inflationary increase is applied to the most recent sale price for 2 PENNINE WAY of £190,000 on 26th September 2011. For the value to have increased from £190,000 to £319,045 over the twelve years and nine months to December 2024, the following assumptions must hold true:

  • The value of 2 PENNINE WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
  • The September 2011 sale price of £190,000 represented a fair market value for the property.
  • The size, condition, and specification of 2 PENNINE WAY has not materially changed since September 2011.
Disclaimer: Please note that this is a theoretical estimate based on assumptions which may or may not be correct. It should not be relied on for any purpose.

How Large is 2 PENNINE WAY?

2 PENNINE WAY is 122m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 2 PENNINE WAY lies on this distribution: 64% of detached houses houses are smaller than 2 PENNINE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2, PENNINE WAY, SPALDING, PE11 2DB: Size of property relative to detached houses houses in Spalding

2 PENNINE WAY: Plot and Title Map

2 PENNINE WAY sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 2 PENNINE 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 2 PENNINE 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.

2, PENNINE WAY, SPALDING, PE11 2DB: Plot and title map

Where is 2 PENNINE WAY?

2 PENNINE WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on PENNINE WAY.

2, PENNINE WAY, SPALDING, PE11 2DB: Location map and indicative extent of plot

All property sales on PENNINE WAY

Most recent sales first:

Full data available
2021
16 DEC
£287,000
Full data available
2021
17 SEP
£274,250
Full data available
2021
27 JAN
£255,000
Limited data available
2016
24 JUN
£282,500
Full data available
2014
21 NOV
£249,950
Full data available
2013
21 JUN
£204,500
Full data available
2012
4 MAY
£146,000
Full data available
2011
26 SEP
£190,000
Limited data available
2010
25 JUL
£150,000
Full data available
2008
3 DEC
£150,000
Full data available
2007
8 MAY
£160,000
Full data available
2006
29 AUG
£189,000
Full data available
2006
10 FEB
£150,000
Full data available
2003
24 FEB
£144,950
Full data available
2002
18 DEC
£155,000
Full data available
2002
5 JUN
£130,000
Full data available
2001
20 AUG
£110,000
Full data available
2001
17 AUG
£110,000
Full data available
2001
30 APR
£95,000
Full data available
1998
18 DEC
£72,600
Full data available
1998
2 MAR
£85,000
Limited data available
1997
20 OCT
£62,000
Full data available
1995
31 MAR
£51,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2025. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2025. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2025 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2025 Ordnance Survey 100026316. Conditions of use.