25, PENNYFIELD, PINCHBECK, SPALDING, PE11 3RG - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 PENNYFIELD is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £185,000 in May 2017, which was around 16% below the average May 2017 detached price in the South Holland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

25 PENNYFIELD Sold Prices

Land registry data shows three sales for 25 PENNYFIELD since 1^st 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. The three 25 PENNYFIELD sales were a mix of below the average price, and 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
2017 11 MAY	£185,000	£221,206	16% below HPI
2004 29 OCT	£159,000	£158,858	Close to HPI
1998 3 APR	£57,500	£61,112	6% below HPI

25 PENNYFIELD 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 25 PENNYFIELD sales between April 1998 and May 2017 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 October 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 25 PENNYFIELD?

25 PENNYFIELD is 108m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 25 PENNYFIELD lies on this distribution: 47% of detached houses are smaller than 25 PENNYFIELD, and 51% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

25 PENNYFIELD: Plot and Title Map

25 PENNYFIELD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 25 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 25 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 25 PENNYFIELD?

25 PENNYFIELD is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 25 on PENNYFIELD.