# 129 PENNYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NW

## Property details

- Slug: `f0e1660` (address key hash: `f0e16605877232ecd63b44326ecb66f83f28f216`)
- Postcode: PE11 1NW
- Transactions on record: 3

- Tenure: Freehold
- Property type: Detached
- Bedrooms: 3
- Bathrooms: 1
- Floor area: 108 m²
- EPC rating: D
- Year built: England and Wales: 1900-1929
- Last sold: £275,000 Mar 2026
- Price per m²: £2,546/m²
- Local average: £315,222 (104 sales)

## Latest sale

- Price: £275,000
- Date: 2026-03-05
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 02/10/2035
- **Current heating cost:** £1,683/year
- **Est. upgrade cost to C:** £25,750

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0570-3955-0200-4075-2200)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-05 | £275,000 | Detached | +5.8% | £282,457 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-267b-b8d0-e063-4704a8c08d98) |
| Sold | 2021-09-27 | £260,000 | Detached | +76.3% | £279,161 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/d93b27b0-f3b0-3100-e053-6c04a8c08887) |
| Sold | 2012-07-20 | £147,500 | Detached | — | £242,926 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/7e6ef2c6-3e34-453e-90f5-f844f249f9eb) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 129 PENNYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NW | £275,000 | 05/03/2026 | Detached |
| 129 PENNYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NW | £260,000 | 27/09/2021 | Detached |
| 129 PENNYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NW | £147,500 | 20/07/2012 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [167519180](http://87.117.209.195:8080/listings/2def01f)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £275,000 |
| listed | 2025-09-27 | £275,000 |
| sold | 2021-01-01 | £260,000 |
| sold | 2012-01-01 | £147,500 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 182 WINSOVER ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1HQ | £220,000 | 06/10/2023 | Detached |
| 25 WOODROW PLACE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1BF | £308,300 | 04/07/2023 | Detached |
| 95 PILGRIMS WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1LU | £215,000 | 19/06/2023 | Detached |
| 17 WITHAM ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3WT | £255,000 | 31/03/2023 | Detached |
| 54 PENNYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NN | £210,500 | 03/02/2023 | Detached |
| 78 WYGATE ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NT | £350,000 | 05/12/2022 | Detached |
| 2 IRWELL CLOSE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3QE | £250,000 | 02/12/2022 | Detached |
| 1 SULBY CLOSE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3QS | £316,000 | 30/11/2022 | Detached |
| 1 TAMAR CLOSE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3GZ | £260,000 | 10/11/2022 | Detached |
| 1 CARRINGTON CLOSE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1LZ | £240,000 | 25/10/2022 | Detached |
| 32 WYGATE ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NT | £239,000 | 14/10/2022 | Detached |
| 25 WEST PARADE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1HD | £298,000 | 10/10/2022 | Detached |
| 26 THISTLE GARDENS, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1HJ | £260,000 | 30/08/2022 | Detached |
| 21 WITHAM ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3WT | £222,000 | 15/07/2022 | Detached |
| 26 WYGATE ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NT | £295,000 | 11/07/2022 | Detached |
| 3 CANTERBURY CLOSE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1LL | £195,000 | 08/06/2022 | Detached |
| 75 TOLLGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NJ | £275,000 | 26/04/2022 | Detached |
| 154 WINSOVER ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1HQ | £125,000 | 26/04/2022 | Detached |
| 84 WYGATE ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1NT | £300,000 | 08/04/2022 | Detached |
| 7 CARRINGTON ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1LY | £205,000 | 05/04/2022 | Detached |

**Area average:** £251,940 (20 sales)

## For sale comparables

*Active for-sale listings within 1 mile, matched to the same property type and bedroom count.*

| Address | Price | Beds | Type | Distance |
|---------|-------|------|------|----------|
| [Monks Walk, Spalding](http://87.117.209.195:8080/listings/826cefd) | £275,000 | 3 | Detached | 0.45 mi |

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 6.1%
- **10y growth:** 50.7%

## House Price Index (HM Land Registry)

*Official index for South Holland; Detached series; as of April 2026.*

- **1y growth (index):** 3.8%
- **5y growth (index):** 11.8%
- **10y growth (index):** 33.6%

## Rental Range

*ONS Price Index of Private Rents (South Holland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £686/mo
- **Realistic:** £762/mo
- **Optimistic:** £838/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincolnshire Fens (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Havelock St, PE11 | £975/mo | 3 | 0.36 miles | OpenRent |
| 3 Bed Terraced House, Havelock St, PE11 | £975/mo | 3 | 0.36 miles | OpenRent |
| 3 Bed Semi-Detached House, Havelock St, PE11 | £375/mo | 3 | 0.36 miles | OpenRent |

**Average rent: £775/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.35% (weak for cashflow)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.5×
- **Monthly cashflow:** £-230/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

- **Total incidents:** 0

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Norbert's Catholic Voluntary Academy | Primary | 0.2 miles | Outstanding — 10 Sep 2015 |
| Wygate Park Academy | Primary | 0.2 miles | Good — 21 Jul 2017 |
| Monkshouse Primary Academy | Primary | 0.4 miles | Good — 22 Nov 2013 |
| Spalding Primary Academy | Primary | 0.5 miles | Good — 19 Mar 2024 |
| The Spalding St John the Baptist Church of England Primary School | Primary | 0.5 miles | Good — 11 Jan 2013 |

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #11318899
- **Address:** 129 Pennygate, SPALDING, PE11 1NW
- **Certificate Issued:** 07/12/2015
- **Work Completed:** 07/10/2015
- **Items:** 14 window(s), 1 door(s)

### FENSA Certificate #8506031
- **Address:** 129 Pennygate, SPALDING, PE11 1NW
- **Certificate Issued:** 14/11/2011
- **Work Completed:** 12/09/2011
- **Items:** 1 door(s)