23, MARKET WAY, PINCHBECK, SPALDING, PE11 3PE - £350,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

23 MARKET WAY is a large detached house of 132m², built sometime between 1930 and 1949. It was last sold for £350,000 in July 2019, which was around 49% above the average July 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

23 MARKET WAY Sold Prices

Land registry data shows five sales for 23 MARKET WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 23 MARKET WAY sales 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 24 JUL	£350,000	£234,679	49% above HPI
2016 12 MAY	£268,500	£212,166	27% above HPI
2008 7 APR	£245,000	£190,072	29% above HPI
2004 16 JAN	£196,500	£149,942	31% above HPI
2003 23 MAY	£170,000	£135,334	26% above HPI

23 MARKET 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 five 23 MARKET WAY sales between May 2003 and July 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 May 2016 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 23 MARKET WAY?

23 MARKET WAY is 132m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 23 MARKET WAY lies on this distribution: 73% of detached houses are smaller than 23 MARKET WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

23 MARKET WAY: Plot and Title Map

23 MARKET WAY sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 23 MARKET 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 23 MARKET 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.

Where is 23 MARKET WAY?

23 MARKET WAY is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 23 on MARKET WAY.