343, PENNYGATE, SPALDING, PE11 1LQ - £122,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

343 PENNYGATE is a midsized extended semi-detached house of 107m², built sometime between 1900 and 1929. It was last sold for £122,500 in April 2020, which was around 48% below the average April 2020 detached price in the South Holland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

343 PENNYGATE Sold Prices

Land registry data shows two sales for 343 PENNYGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 343 PENNYGATE 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
2020 17 APR	£122,500	£233,699	48% below HPI
2003 14 MAR	£80,000	£131,725	39% below HPI

343 PENNYGATE 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 two 343 PENNYGATE sales from March 2003 and April 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 March 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 343 PENNYGATE?

343 PENNYGATE is 107m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 343 PENNYGATE lies on this distribution: 46% of detached houses are smaller than 343 PENNYGATE, and 54% of houses are larger. Note that EPC data is not available for all properties in Spalding.

343 PENNYGATE: Plot and Title Map

343 PENNYGATE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 343 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 343 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 343 PENNYGATE?

343 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 343 on PENNYGATE.