3, WAYET ROAD, PINCHBECK, SPALDING, PE11 3RR - £125,000

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

3 WAYET ROAD is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £191,502. It was last sold for £125,000 in February 2007, which was around 33% below the average February 2007 detached price in the South Holland local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

3 WAYET ROAD Sold Prices

Land registry data shows three sales for 3 WAYET ROAD 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. All of the three 3 WAYET ROAD sales were for below 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
2007 2 FEB	£125,000	£186,675	33% below HPI
2000 14 JAN	£68,500	£71,783	5% below HPI
1997 11 JUL	£38,000	£57,273	34% below HPI

3 WAYET ROAD 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 3 WAYET ROAD sales between July 1997 and February 2007 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 January 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2007 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 WAYET ROAD be worth now?

3 WAYET ROAD might now be worth an estimated £191,502.

This is based on house price inflation of 53.2%, between February 2007 and December 2024, for 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 53.2% inflationary increase is applied to the most recent sale price for 3 WAYET ROAD of £125,000 on 2nd February 2007. For the value to have increased from £125,000 to £191,502 over the sixteen years and two months to December 2024, the following assumptions must hold true:

• The value of 3 WAYET ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2007 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WAYET ROAD has not materially changed since February 2007.

How Large is 3 WAYET ROAD?

3 WAYET ROAD is 82m², which includes three extensions, according to the EPC inspection conducted in December 2024. This puts it in the smallest 20% of detached houses houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinchbeck, and where 3 WAYET ROAD lies on this distribution: 19% of detached houses houses are smaller than 3 WAYET ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

3 WAYET ROAD: Plot and Title Map

3 WAYET ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 3 WAYET ROAD, 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 3 WAYET ROAD). 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 3 WAYET ROAD?

3 WAYET ROAD is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 3 on WAYET ROAD.