8, THE PASTURES, COWBIT, SPALDING, PE12 6FL - £309,950

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

8 THE PASTURES is a very large detached house of 206m², built sometime between 1996 and 2002, which could now be worth an estimated £416,728. It was last sold for £309,950 in December 2016, which was around 46% above the average December 2016 detached price in the South Holland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

8 THE PASTURES Sold Prices

Land registry data shows two sales for 8 THE PASTURES 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 THE PASTURES 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
2016 21 DEC	£309,950	£212,710	46% above HPI
2003 12 JUN	£235,950	£138,271	71% above HPI

8 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 two 8 THE PASTURES sales from June 2003 and December 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 June 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the December 2016 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 8 THE PASTURES be worth now?

8 THE PASTURES might now be worth an estimated £416,728.

This is based on house price inflation of 34.5%, between December 2016 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 34.5% inflationary increase is applied to the most recent sale price for 8 THE PASTURES of £309,950 on 21st December 2016. For the value to have increased from £309,950 to £416,728 over the eight years to December 2024, the following assumptions must hold true:

• The value of 8 THE PASTURES has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2016 sale price of £309,950 represented a fair market value for the property.
• The size, condition, and specification of 8 THE PASTURES has not materially changed since December 2016.

How Large is 8 THE PASTURES?

8 THE PASTURES is 206m² according to the EPC inspection conducted in October 2011. This puts it in the largest 10% 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 8 THE PASTURES lies on this distribution: 96% of detached houses houses are smaller than 8 THE PASTURES, and 4% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

8 THE PASTURES: Plot and Title Map

8 THE PASTURES sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 8 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 8 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 8 THE PASTURES?

8 THE PASTURES is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 8 on THE PASTURES.