5, LINCOLN WAY, SPALDING, PE11 1PF - £236,000

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

5 LINCOLN WAY is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £236,000 in October 2023, which was around 18% below the average October 2023 detached price in the South Holland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

5 LINCOLN WAY Sold Prices

Land registry data shows three sales for 5 LINCOLN WAY 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 5 LINCOLN WAY 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
2023 17 OCT	£236,000	£287,208	18% below HPI
2020 25 SEP	£175,000	£237,704	26% below HPI
1997 30 SEP	£56,500	£58,968	4% below HPI

5 LINCOLN WAY 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 5 LINCOLN WAY sales between September 1997 and October 2023 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 September 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 LINCOLN WAY be worth now?

5 LINCOLN WAY might now be worth an estimated £234,998.

This is based on house price deflation of 0.4%, between October 2023 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 0.4% deflationary decrease is applied to the most recent sale price for 5 LINCOLN WAY of £236,000 on 17th October 2023. For the value to have decreased from £236,000 to £234,998 over the ten months to December 2024, the following assumptions must hold true:

• The value of 5 LINCOLN WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2023 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LINCOLN WAY has not materially changed since October 2023.

How Large is 5 LINCOLN WAY?

5 LINCOLN WAY is 65m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 5 LINCOLN WAY lies on this distribution: 5% of detached houses houses are smaller than 5 LINCOLN WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 LINCOLN WAY: Plot and Title Map

5 LINCOLN WAY sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 5 LINCOLN WAY, 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 5 LINCOLN WAY). 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 5 LINCOLN WAY?

5 LINCOLN WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on LINCOLN WAY.