5, PENNYFIELD, PINCHBECK, SPALDING, PE11 3RG - £132,000

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

5 PENNYFIELD is a very small semi-detached house of 70m², built sometime between 1983 and 1990. It was last sold for £132,000 in April 2016, which was around 37% below the average April 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was A.

5 PENNYFIELD Sold Prices

Land registry data shows three sales for 5 PENNYFIELD 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 PENNYFIELD 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
2016 18 APR	£132,000	£211,084	37% below HPI
1999 2 AUG	£53,500	£69,396	23% below HPI
1996 20 NOV	£45,000	£55,003	18% below HPI

5 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 three 5 PENNYFIELD sales between November 1996 and April 2016 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 August 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 PENNYFIELD?

5 PENNYFIELD is 70m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 5 PENNYFIELD lies on this distribution: 10% of detached houses are smaller than 5 PENNYFIELD, and 89% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

5 PENNYFIELD: Plot and Title Map

5 PENNYFIELD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 5 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 5 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 5 PENNYFIELD?

5 PENNYFIELD is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 5 on PENNYFIELD.