8, MAYFIELD CLOSE, PINCHBECK, SPALDING, PE11 3SJ - £167,500

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.

8 MAYFIELD CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £221,181. It was last sold for £167,500 in June 2016, which was around 20% below the average June 2016 detached price in the South Holland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 MAYFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 MAYFIELD CLOSE 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 8 MAYFIELD CLOSE 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 22 JUN	£167,500	£210,664	20% below HPI
1999 30 SEP	£65,500	£71,744	9% below HPI

8 MAYFIELD CLOSE 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 8 MAYFIELD CLOSE sales from September 1999 and June 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 September 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 MAYFIELD CLOSE be worth now?

8 MAYFIELD CLOSE might now be worth an estimated £221,181.

This is based on house price inflation of 32%, between June 2016 and February 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 32% inflationary increase is applied to the most recent sale price for 8 MAYFIELD CLOSE of £167,500 on 22nd June 2016. For the value to have increased from £167,500 to £221,181 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 8 MAYFIELD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2016 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYFIELD CLOSE has not materially changed since June 2016.

How Large is 8 MAYFIELD CLOSE?

8 MAYFIELD CLOSE is 83m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 8 MAYFIELD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 8 MAYFIELD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

8 MAYFIELD CLOSE: Plot and Title Map

8 MAYFIELD CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 8 MAYFIELD CLOSE, 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 8 MAYFIELD CLOSE). 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 8 MAYFIELD CLOSE?

8 MAYFIELD CLOSE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 8 on MAYFIELD CLOSE.