257, PENNYGATE, SPALDING, PE11 1LS - £147,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

257 PENNYGATE is a small semi-detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £184,935. It was last sold for £147,000 in May 2020, which was around 6% below the average May 2020 semi-detached price in the South Holland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

257 PENNYGATE Sold Prices

Land registry data shows five sales for 257 PENNYGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. The five 257 PENNYGATE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 1 MAY	£147,000	£156,488	6% below HPI
2013 22 NOV	£102,500	£113,371	10% below HPI
2005 11 NOV	£116,500	£117,032	Close to HPI
2001 10 AUG	£65,000	£60,417	8% above HPI
1999 8 OCT	£47,500	£45,272	5% above HPI

257 PENNYGATE 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 five 257 PENNYGATE sales between October 1999 and May 2020 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 November 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 257 PENNYGATE be worth now?

257 PENNYGATE might now be worth an estimated £184,935.

This is based on house price inflation of 25.8%, between May 2020 and December 2024, 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 25.8% inflationary increase is applied to the most recent sale price for 257 PENNYGATE of £147,000 on 1st May 2020. For the value to have increased from £147,000 to £184,935 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 257 PENNYGATE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The May 2020 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 257 PENNYGATE has not materially changed since May 2020.

How Large is 257 PENNYGATE?

257 PENNYGATE is 87m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of semi-detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spalding, and where 257 PENNYGATE lies on this distribution: 24% of semi-detached houses houses are smaller than 257 PENNYGATE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

257 PENNYGATE: Plot and Title Map

257 PENNYGATE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 257 PENNYGATE, 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 257 PENNYGATE). 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 257 PENNYGATE?

257 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 257 on PENNYGATE.