DARSENA, NORTHGATE, PINCHBECK, SPALDING, PE11 3SE - £174,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DARSENA is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £174,000 in January 2019, which was around 26% below the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

DARSENA Sold Prices

Land registry data shows two sales for DARSENA 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 DARSENA 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
2019 23 JAN	£174,000	£236,100	26% below HPI
1996 6 DEC	£41,500	£55,139	25% below HPI

DARSENA 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 DARSENA sales from December 1996 and January 2019 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 December 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is DARSENA?

DARSENA is 80m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where DARSENA lies on this distribution: 18% of detached houses are smaller than DARSENA, and 81% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

DARSENA: Plot and Title Map

DARSENA sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of DARSENA, 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 DARSENA). 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 DARSENA?

DARSENA is located on NORTHGATE in PINCHBECK, in the PE11 postcode district. The below map shows the position of DARSENA on NORTHGATE.