8, PILGRIMS WAY, SPALDING, PE11 1LJ - £169,950

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

8 PILGRIMS WAY is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £169,950 in February 2017, which was around 21% below the average February 2017 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

8 PILGRIMS WAY Sold Prices

Land registry data shows three sales for 8 PILGRIMS WAY 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 8 PILGRIMS WAY 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
2017 3 FEB	£169,950	£215,542	21% below HPI
2016 24 JUN	£135,000	£211,701	36% below HPI
1997 29 AUG	£47,250	£58,178	19% below HPI

8 PILGRIMS WAY 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 8 PILGRIMS WAY sales between August 1997 and February 2017 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 June 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 PILGRIMS WAY?

8 PILGRIMS WAY is 73m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 8 PILGRIMS WAY lies on this distribution: 10% of detached houses are smaller than 8 PILGRIMS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 PILGRIMS WAY: Plot and Title Map

8 PILGRIMS WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 8 PILGRIMS WAY, 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 PILGRIMS WAY). 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 PILGRIMS WAY?

8 PILGRIMS WAY is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 8 on PILGRIMS WAY.