353, PENNYGATE, SPALDING, PE11 1LQ - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

353 PENNYGATE is a very large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £265,000 in November 2020, which was around 10% above the average November 2020 detached price in the South Holland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

353 PENNYGATE Sold Prices

Land registry data shows three sales for 353 PENNYGATE 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 353 PENNYGATE sales were for 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 20 NOV	£265,000	£241,438	10% above HPI
2018 6 JUN	£280,000	£229,155	22% above HPI
2009 1 MAY	£245,000	£153,476	60% above HPI

353 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 three 353 PENNYGATE sales between May 2009 and November 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 June 2018 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 353 PENNYGATE?

353 PENNYGATE is 175m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 353 PENNYGATE lies on this distribution: 91% of detached houses are smaller than 353 PENNYGATE, and 8% of houses are larger. Note that EPC data is not available for all properties in Spalding.

353 PENNYGATE: Plot and Title Map

353 PENNYGATE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 353 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 353 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 353 PENNYGATE?

353 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 353 on PENNYGATE.