5, HORSEPIT LANE, PINCHBECK, SPALDING, PE11 3YB - £300,000

5 HORSEPIT LANE is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £300,000 in February 2020, which was around 28% above the average February 2020 detached price in the South Holland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

5 HORSEPIT LANE Sold Prices

Land registry data shows three sales for 5 HORSEPIT LANE 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. One of the three 5 HORSEPIT LANE sales was for above the average price, whilst two 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
2020 14 FEB	£300,000	£233,679	28% above HPI
2015 20 JUL	£151,000	£196,793	23% below HPI
2012 27 MAR	£112,500	£156,838	28% below HPI

5 HORSEPIT 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 three 5 HORSEPIT LANE sales between March 2012 and February 2020 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 July 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 5 HORSEPIT LANE?

5 HORSEPIT LANE is 151m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 5 HORSEPIT LANE lies on this distribution: 82% of detached houses are smaller than 5 HORSEPIT LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

5 HORSEPIT LANE: Plot and Title Map

5 HORSEPIT LANE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 5 HORSEPIT 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 5 HORSEPIT 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 5 HORSEPIT LANE?

5 HORSEPIT LANE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 5 on HORSEPIT LANE.