22, FORGE CRESCENT, PINCHBECK, SPALDING, PE11 3TN - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 FORGE CRESCENT is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £255,000 in March 2024, which was around 7% below the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

22 FORGE CRESCENT Sold Prices

Land registry data shows two sales for 22 FORGE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 22 FORGE CRESCENT sales was for below the average price, whilst the other was roughly equal to 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 28 MAR	£255,000	£273,400	7% below HPI
2003 14 FEB	£130,000	£129,552	Close to HPI

22 FORGE CRESCENT 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 two 22 FORGE CRESCENT sales from February 2003 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 February 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 22 FORGE CRESCENT?

22 FORGE CRESCENT is 105m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 22 FORGE CRESCENT lies on this distribution: 45% of detached houses are smaller than 22 FORGE CRESCENT, and 54% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

22 FORGE CRESCENT: Plot and Title Map

22 FORGE CRESCENT sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 22 FORGE CRESCENT, 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 22 FORGE CRESCENT). 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 22 FORGE CRESCENT?

22 FORGE CRESCENT is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 22 on FORGE CRESCENT.