9, TEAL GROVE, COWBIT, SPALDING, PE12 6XG - £207,500

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

9 TEAL GROVE is a midsized extended detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £324,150. It was last sold for £207,500 in September 2014, which was around 13% above the average September 2014 detached price in the South Holland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

9 TEAL GROVE Sold Prices

Land registry data shows two sales for 9 TEAL GROVE 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 9 TEAL GROVE 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
2014 19 SEP	£207,500	£183,072	13% above HPI
2005 26 AUG	£171,000	£169,334	1% above HPI

9 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 two 9 TEAL GROVE sales from August 2005 and September 2014 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 August 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 9 TEAL GROVE be worth now?

9 TEAL GROVE might now be worth an estimated £324,150.

This is based on house price inflation of 56.2%, between September 2014 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 56.2% inflationary increase is applied to the most recent sale price for 9 TEAL GROVE of £207,500 on 19th September 2014. For the value to have increased from £207,500 to £324,150 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 TEAL GROVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 9 TEAL GROVE has not materially changed since September 2014.

How Large is 9 TEAL GROVE?

9 TEAL GROVE is 125m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% 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 9 TEAL GROVE lies on this distribution: 52% of detached houses houses are smaller than 9 TEAL GROVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

9 TEAL GROVE: Plot and Title Map

9 TEAL GROVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 9 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 9 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 9 TEAL GROVE?

9 TEAL GROVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 9 on TEAL GROVE.