22, PENNYFIELD, PINCHBECK, SPALDING, PE11 3RG - £108,000

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.

22 PENNYFIELD is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £188,839. It was last sold for £108,000 in March 2011, which was around 1% below the average March 2011 semi-detached price in the South Holland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

22 PENNYFIELD Sold Prices

Land registry data shows three sales for 22 PENNYFIELD 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. One of the three 22 PENNYFIELD sales was for below the average price, whilst two 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
2011 24 MAR	£108,000	£109,191	1% below HPI
2009 31 JUL	£105,000	£100,984	4% above HPI
2004 26 JUL	£118,000	£104,242	13% above HPI

22 PENNYFIELD 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 22 PENNYFIELD sales between July 2004 and March 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 July 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 22 PENNYFIELD be worth now?

22 PENNYFIELD might now be worth an estimated £188,839.

This is based on house price inflation of 74.9%, between March 2011 and March 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 74.9% inflationary increase is applied to the most recent sale price for 22 PENNYFIELD of £108,000 on 24th March 2011. For the value to have increased from £108,000 to £188,839 over the fourteen years to March 2025, the following assumptions must hold true:

• The value of 22 PENNYFIELD has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The March 2011 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PENNYFIELD has not materially changed since March 2011.

How Large is 22 PENNYFIELD?

22 PENNYFIELD is 54m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Pinchbeck, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pinchbeck, and where 22 PENNYFIELD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 22 PENNYFIELD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

22 PENNYFIELD: Plot and Title Map

22 PENNYFIELD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 22 PENNYFIELD, 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 PENNYFIELD). 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 PENNYFIELD?

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