24, PENNYTOFT LANE, PINCHBECK, SPALDING, PE11 3PQ - £235,000

24 PENNYTOFT LANE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £235,000 in July 2021, which was around 10% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

24 PENNYTOFT LANE Sold Prices

Land registry data shows two sales for 24 PENNYTOFT LANE 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 24 PENNYTOFT LANE 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
2021 30 JUL	£235,000	£259,897	10% below HPI
2018 30 NOV	£190,000	£237,025	20% below HPI

24 PENNYTOFT LANE 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 24 PENNYTOFT LANE sales from November 2018 and July 2021 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 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 24 PENNYTOFT LANE?

24 PENNYTOFT LANE is 88m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 24 PENNYTOFT LANE lies on this distribution: 26% of detached houses are smaller than 24 PENNYTOFT LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

24 PENNYTOFT LANE: Plot and Title Map

24 PENNYTOFT LANE sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of 24 PENNYTOFT LANE, 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 24 PENNYTOFT LANE). 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 24 PENNYTOFT LANE?

24 PENNYTOFT LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 24 on PENNYTOFT LANE.