5, TEAL GROVE, COWBIT, SPALDING, PE12 6XG - £245,000

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

5 TEAL GROVE is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £245,000 in May 2016, which was around 15% above the average May 2016 detached price in the South Holland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

5 TEAL GROVE Sold Prices

Land registry data shows two sales for 5 TEAL GROVE 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 5 TEAL GROVE 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
2016 5 MAY	£245,000	£212,166	15% above HPI
2000 14 AUG	£119,950	£86,349	39% above HPI

5 TEAL GROVE 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 5 TEAL GROVE sales from August 2000 and May 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 2000 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2016 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 TEAL GROVE?

5 TEAL GROVE is 129m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 5 TEAL GROVE lies on this distribution: 58% of detached houses are smaller than 5 TEAL GROVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

5 TEAL GROVE: Plot and Title Map

5 TEAL GROVE sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of 5 TEAL GROVE, 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 TEAL GROVE). 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 TEAL GROVE?

5 TEAL GROVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 5 on TEAL GROVE.