232, PENNYGATE, SPALDING, PE11 1LN - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

232 PENNYGATE is a very large extended detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £350,280. It was last sold for £220,000 in July 2006, which was around 22% above the average July 2006 detached price in the South Holland local authority area. The most recent EPC inspection was November 2025, where the current energy rating was E, and the potential energy rating was C.

232 PENNYGATE Sold Prices

Land registry data shows three sales for 232 PENNYGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 232 PENNYGATE 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
2006 20 JUL	£220,000	£180,889	22% above HPI
2001 24 AUG	£140,000	£96,871	45% above HPI
1997 28 FEB	£67,500	£56,258	20% above HPI

232 PENNYGATE 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 three 232 PENNYGATE sales between February 1997 and July 2006 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 2001 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2006 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 232 PENNYGATE be worth now?

232 PENNYGATE might now be worth an estimated £350,280.

This is based on house price inflation of 59.2%, between July 2006 and May 2026, 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 59.2% inflationary increase is applied to the most recent sale price for 232 PENNYGATE of £220,000 on 20th July 2006. For the value to have increased from £220,000 to £350,280 over the twenty years and two months to May 2026, the following assumptions must hold true:

• The value of 232 PENNYGATE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2006 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 232 PENNYGATE has not materially changed since July 2006.

How Large is 232 PENNYGATE?

232 PENNYGATE is 193m², which includes one extension, according to the EPC inspection conducted in November 2025. This puts it in the largest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 232 PENNYGATE lies on this distribution: 94% of detached houses houses are smaller than 232 PENNYGATE, and 6% of houses are larger. Note that EPC data is not available for all properties in Spalding.

232 PENNYGATE: Plot and Title Map

232 PENNYGATE sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 232 PENNYGATE, 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 232 PENNYGATE). 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 232 PENNYGATE?

232 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 232 on PENNYGATE.