SPRINGTYNE, OLD MAIN ROAD, FLEET HARGATE, SPALDING, PE12 8LL - £193,000

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

SPRINGTYNE is a midsized detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £242,377. It was last sold for £193,000 in October 2017, which was around 15% below the average October 2017 detached price in the South Holland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

SPRINGTYNE Sold Prices

Land registry data shows five sales for SPRINGTYNE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five SPRINGTYNE 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
2017 27 OCT	£193,000	£227,727	15% below HPI
2011 15 DEC	£189,000	£166,757	13% above HPI
2009 30 JUN	£175,500	£146,766	20% above HPI
2005 25 FEB	£187,500	£173,348	8% above HPI
2000 16 JUN	£112,000	£82,001	37% above HPI

SPRINGTYNE 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 five SPRINGTYNE sales between June 2000 and October 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 December 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might SPRINGTYNE be worth now?

SPRINGTYNE might now be worth an estimated £242,377.

This is based on house price inflation of 25.6%, between October 2017 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 25.6% inflationary increase is applied to the most recent sale price for SPRINGTYNE of £193,000 on 27th October 2017. For the value to have increased from £193,000 to £242,377 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of SPRINGTYNE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2017 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGTYNE has not materially changed since October 2017.

How Large is SPRINGTYNE?

SPRINGTYNE is 99m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet Hargate, and where SPRINGTYNE lies on this distribution: 52% of detached houses houses are smaller than SPRINGTYNE, and 48% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

SPRINGTYNE: Plot and Title Map

SPRINGTYNE sits on a plot of roughly 1.3 acres, or 5,399m². The below map shows the location of SPRINGTYNE, 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 SPRINGTYNE). 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 SPRINGTYNE?

SPRINGTYNE is located on OLD MAIN ROAD in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of SPRINGTYNE on OLD MAIN ROAD.