4, PENNYFIELD, PINCHBECK, SPALDING, PE11 3RG - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 PENNYFIELD is a midsized detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £311,182. It was last sold for £300,000 in May 2024, which was around 13% above the average May 2024 detached price in the South Holland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

4 PENNYFIELD Sold Prices

Land registry data shows two sales for 4 PENNYFIELD 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. One of the two 4 PENNYFIELD sales was for above the average price, whilst the other was 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
2024 15 MAY	£300,000	£266,326	13% above HPI
2010 23 APR	£150,000	£171,014	12% below HPI

4 PENNYFIELD 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 4 PENNYFIELD sales from April 2010 and May 2024 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 April 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 PENNYFIELD be worth now?

4 PENNYFIELD might now be worth an estimated £311,182.

This is based on house price inflation of 3.7%, between May 2024 and March 2025, 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 3.7% inflationary increase is applied to the most recent sale price for 4 PENNYFIELD of £300,000 on 15th May 2024. For the value to have increased from £300,000 to £311,182 over the one year and two months to March 2025, the following assumptions must hold true:

• The value of 4 PENNYFIELD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNYFIELD has not materially changed since May 2024.

How Large is 4 PENNYFIELD?

4 PENNYFIELD is 108m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% 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 4 PENNYFIELD lies on this distribution: 47% of detached houses houses are smaller than 4 PENNYFIELD, and 51% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

4 PENNYFIELD: Plot and Title Map

4 PENNYFIELD sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 4 PENNYFIELD, 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 4 PENNYFIELD). 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 4 PENNYFIELD?

4 PENNYFIELD is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 4 on PENNYFIELD.