THORNFIELDS, NORTHGATE, PINCHBECK, SPALDING, PE11 3TB - £268,000

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

THORNFIELDS is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £268,000 in January 2019, which was around 14% above the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was A.

THORNFIELDS Sold Prices

Land registry data shows two sales for THORNFIELDS 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. One of the two THORNFIELDS sales was for above the average price, whilst the other was 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 18 JAN	£268,000	£236,100	14% above HPI
2016 21 NOV	£155,000	£212,786	27% below HPI

THORNFIELDS 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 THORNFIELDS sales from November 2016 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 November 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THORNFIELDS?

THORNFIELDS is 78m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Northgate, based on EPC data. The below chart shows the distribution of detached houses by size in Northgate, and where THORNFIELDS lies on this distribution: 8% of detached houses are smaller than THORNFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Northgate.

THORNFIELDS: Plot and Title Map

THORNFIELDS sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of THORNFIELDS, 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 THORNFIELDS). 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 THORNFIELDS?

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