21, HORSEPIT LANE, PINCHBECK, SPALDING, PE11 3YB - £210,000

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.

21 HORSEPIT LANE is a midsized extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £251,107. It was last sold for £210,000 in March 2019, which was around 10% below the average March 2019 detached price in the South Holland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

21 HORSEPIT LANE Sold Prices

Land registry data shows four sales for 21 HORSEPIT LANE 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 21 HORSEPIT LANE sales were for below the average price, and four were for above 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
2019 15 MAR	£210,000	£232,639	10% below HPI
2006 1 SEP	£195,000	£184,839	5% above HPI
2001 7 SEP	£95,000	£97,527	3% below HPI
1996 27 SEP	£67,000	£55,028	22% above HPI

21 HORSEPIT 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 four 21 HORSEPIT LANE sales between September 1996 and March 2019 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 21 HORSEPIT LANE be worth now?

21 HORSEPIT LANE might now be worth an estimated £251,107.

This is based on house price inflation of 19.6%, between March 2019 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 19.6% inflationary increase is applied to the most recent sale price for 21 HORSEPIT LANE of £210,000 on 15th March 2019. For the value to have increased from £210,000 to £251,107 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 21 HORSEPIT LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 21 HORSEPIT LANE has not materially changed since March 2019.

How Large is 21 HORSEPIT LANE?

21 HORSEPIT LANE is 102m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 21 HORSEPIT LANE lies on this distribution: 42% of detached houses houses are smaller than 21 HORSEPIT LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

21 HORSEPIT LANE: Plot and Title Map

21 HORSEPIT LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 21 HORSEPIT 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 21 HORSEPIT 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 21 HORSEPIT LANE?

21 HORSEPIT LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 21 on HORSEPIT LANE.