7, TEAL GROVE, COWBIT, SPALDING, PE12 6XG - £165,000

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

7 TEAL GROVE is a small detached house of 107m², which could now be worth an estimated £282,468. It was last sold for £165,000 in October 2010, which was around 1% below the average October 2010 detached price in the South Holland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

7 TEAL GROVE Sold Prices

Land registry data shows three sales for 7 TEAL GROVE 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. Two of the three 7 TEAL GROVE sales were for below the average price, whilst one was 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
2010 14 OCT	£165,000	£167,057	1% below HPI
2008 8 FEB	£190,000	£192,866	1% below HPI
2000 1 SEP	£89,950	£85,537	5% above HPI

7 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 three 7 TEAL GROVE sales between September 2000 and October 2010 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 February 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2010 sale, which was also at 1% below the HPI.

What might 7 TEAL GROVE be worth now?

7 TEAL GROVE might now be worth an estimated £282,468.

This is based on house price inflation of 71.2%, between October 2010 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 71.2% inflationary increase is applied to the most recent sale price for 7 TEAL GROVE of £165,000 on 14th October 2010. For the value to have increased from £165,000 to £282,468 over the thirteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 TEAL GROVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2010 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TEAL GROVE has not materially changed since October 2010.

How Large is 7 TEAL GROVE?

7 TEAL GROVE is 107m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowbit, and where 7 TEAL GROVE lies on this distribution: 35% of detached houses houses are smaller than 7 TEAL GROVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

7 TEAL GROVE: Plot and Title Map

7 TEAL GROVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 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 7 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 7 TEAL GROVE?

7 TEAL GROVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 7 on TEAL GROVE.