32, PENWAY DRIVE, PINCHBECK, SPALDING, PE11 3PJ - £207,500

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

32 PENWAY DRIVE is a midsized extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £207,500 in January 2018, which was around 8% below the average January 2018 detached price in the South Holland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

32 PENWAY DRIVE Sold Prices

Land registry data shows six sales for 32 PENWAY DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the six 32 PENWAY DRIVE 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
2018 5 JAN	£207,500	£225,774	8% below HPI
2005 5 JUL	£157,500	£169,602	7% below HPI
2005 1 FEB	£111,500	£174,202	36% below HPI
2000 16 JUN	£74,000	£82,405	10% below HPI
1998 9 FEB	£57,000	£59,258	4% below HPI
1996 23 FEB	£51,000	£57,319	11% below HPI

32 PENWAY DRIVE 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 six 32 PENWAY DRIVE sales between February 1996 and January 2018 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 32 PENWAY DRIVE?

32 PENWAY DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in May 2017. 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 32 PENWAY DRIVE lies on this distribution: 41% of detached houses are smaller than 32 PENWAY DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

32 PENWAY DRIVE: Plot and Title Map

32 PENWAY DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 32 PENWAY DRIVE, 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 32 PENWAY DRIVE). 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 32 PENWAY DRIVE?

32 PENWAY DRIVE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 32 on PENWAY DRIVE.