50, PENNYTOFT LANE, PINCHBECK, SPALDING, PE11 3PQ - £183,000

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.

50 PENNYTOFT LANE is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £284,757. It was last sold for £183,000 in April 2014, which was around 3% above the average April 2014 detached price in the South Holland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

50 PENNYTOFT LANE Sold Prices

Land registry data shows three sales for 50 PENNYTOFT LANE 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 50 PENNYTOFT LANE 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
2014 28 APR	£183,000	£177,535	3% above HPI
2013 29 APR	£175,000	£160,695	9% above HPI
2001 14 DEC	£115,000	£101,051	14% above HPI

50 PENNYTOFT LANE 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 50 PENNYTOFT LANE sales between December 2001 and April 2014 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 50 PENNYTOFT LANE be worth now?

50 PENNYTOFT LANE might now be worth an estimated £284,757.

This is based on house price inflation of 55.6%, between April 2014 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 55.6% inflationary increase is applied to the most recent sale price for 50 PENNYTOFT LANE of £183,000 on 28th April 2014. For the value to have increased from £183,000 to £284,757 over the eleven years and one month to March 2025, the following assumptions must hold true:

• The value of 50 PENNYTOFT LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2014 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 50 PENNYTOFT LANE has not materially changed since April 2014.

How Large is 50 PENNYTOFT LANE?

50 PENNYTOFT LANE is 141m², which includes three extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% 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 50 PENNYTOFT LANE lies on this distribution: 77% of detached houses houses are smaller than 50 PENNYTOFT LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

50 PENNYTOFT LANE: Plot and Title Map

50 PENNYTOFT LANE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 50 PENNYTOFT LANE, 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 50 PENNYTOFT LANE). 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 50 PENNYTOFT LANE?

50 PENNYTOFT LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 50 on PENNYTOFT LANE.