49, PENNYGATE, SPALDING, PE11 1NN - £190,000

49 PENNYGATE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £190,000 in March 2021, which was around 24% below the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

49 PENNYGATE Sold Prices

Land registry data shows three sales for 49 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 49 PENNYGATE 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 19 MAR	£190,000	£249,109	24% below HPI
2011 26 AUG	£127,500	£164,725	23% below HPI
2000 3 NOV	£69,995	£84,898	18% below HPI

49 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 49 PENNYGATE sales between November 2000 and March 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 August 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 49 PENNYGATE?

49 PENNYGATE is 78m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 49 PENNYGATE lies on this distribution: 15% of detached houses are smaller than 49 PENNYGATE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

49 PENNYGATE: Plot and Title Map

49 PENNYGATE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 49 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 49 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 49 PENNYGATE?

49 PENNYGATE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 49 on PENNYGATE.