7, THE PASTURES, COWBIT, SPALDING, PE12 6FL - £210,000

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

7 THE PASTURES is a very small extended semi-detached house of 69m², built sometime between 1996 and 2002. It was last sold for £210,000 in July 2022, which was around 28% below the average July 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

7 THE PASTURES Sold Prices

Land registry data shows five sales for 7 THE PASTURES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 7 THE PASTURES 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
2022 22 JUL	£210,000	£291,462	28% below HPI
2015 30 OCT	£149,500	£196,397	24% below HPI
2006 1 SEP	£139,000	£185,749	25% below HPI
2005 24 MAR	£124,000	£170,529	27% below HPI
2003 30 APR	£104,950	£133,693	21% below HPI

7 THE PASTURES 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 five 7 THE PASTURES sales between April 2003 and July 2022 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 October 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 THE PASTURES?

7 THE PASTURES is 69m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 7 THE PASTURES lies on this distribution: 4% of detached houses are smaller than 7 THE PASTURES, and 95% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

7 THE PASTURES: Plot and Title Map

7 THE PASTURES sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 7 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

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