Pennington Pit Lane

    PENNINGTON, PIT LANE, GEDNEY DROVE END, SPALDING, PE12 9PG

    This terraced freehold property on Pit Lane last sold in March 2021 for £172,000. Based on price growth in the PE12 district since then, its estimated current value is £184,722 — placing it in the 21st percentile nationally and the 24th percentile within PE12. The property covers 107 m² (1,152 sq ft), giving an estimated value of £1,726 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £172,000

    Mar 2021

    Estimated Valuation

    £184,722

    Est. £/sq ft

    £160/sq ft

    £1,726/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageA
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area1,152 sq ft (107 m²)
    EPC dateAug 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Mar 2021

    £172,000

    13 Dec 2016

    £130,000

    18 Aug 2011

    £48,510

    Key Metrics

    Estimated valuation£184,722
    Value per sq ft / m²£160/sq ft (£1,726/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE12 district percentile24th percentile
    National percentile21st percentile

    District Context — PE12

    PE12 covers the low-lying coastal and fenland areas of south Lincolnshire, including settlements around the Wash and inland towards the Peterborough fringe. It is a rural and semi-rural district with a quieter character, popular with families and retirees seeking space and affordability away from urban centres.

    Average Property Price - PE12

    £258,541

    30

    National percentile

    Average Net Household Income - PE12

    £32,112

    15

    National percentile

    10-Year Annualised Price Growth - PE12

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE12

    More properties in PE12

    Streets in PE12

    Explore nearby