Our Data Sources
124, Pennygate, Spalding has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated January 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 124, Pennygate, Spalding would be worth £184,967, with a potential rental value of £998 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,828, with a rental value of £884 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
124, Pennygate, Spalding occupies a 255 m2 plot as recorded by HM Land Registry.
Of the 48 other houses in this postcode, 41 have recorded plot sizes, and this one ranks as the 36th largest.
Energy Efficiency
124, Pennygate, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
124, Pennygate, Spalding last changed hands on 27th March 2008, selling for £117,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 58.9% since March 2008.
- Sold Mar 2008£117,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 261 sales of comparable properties within 500 metres of 124, Pennygate, Spalding since 2017.
Most recently, 251, Pennygate, Spalding, PE11 1LS, a freehold house, sold at £115,000 on the 31st March 2026.
Read more about house prices in PE11.
- Sold Mar 2026£115,000 | 3 Bed House251, Pennygate, Spalding, PE11 1LS251, Pennygate, Spalding, PE11 1LS
- Sold Dec 2025£100,000 | 3 Bed House164, Winsover Road, Spalding, PE11 1HQ164, Winsover Road, Spalding, PE11 1HQ
- Sold Oct 2025£167,000 | 3 Bed House97, Pennygate, Spalding, PE11 1NN97, Pennygate, Spalding, PE11 1NN
- Sold Aug 2025£120,000 | 3 Bed House110, Pennygate, Spalding, PE11 1NW110, Pennygate, Spalding, PE11 1NW
- Sold Jul 2025£195,000 | 3 Bed House22, Carrington Road, Spalding, PE11 1LY22, Carrington Road, Spalding, PE11 1LY
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £172,035, ranging from £115,013 to £196,306.
- 122 Pennygate
3 Bed House | 4 m | Est. Value: £181,668
- 120 Pennygate
3 Bed House | 11 m | Est. Value: £171,212
- 128 Pennygate
3 Bed House | 11 m | Est. Value: £196,306
- 116 Pennygate
3 Bed House | 24 m | Est. Value: £187,022
- 132 Pennygate
3 Bed House | 24 m | Est. Value: £175,037
Location Comparison
Our analysis of the public data ranks 124, Pennygate, Spalding as the 159th largest and the 131st most expensive of the 249 addresses on Pennygate, Spalding, PE11.
Against the PE11 postcode district average, it is £46k less expensive than the typical property.
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Schools Nearby
- St Norbert's Catholic Voluntary Academy300 m away
- Wygate Park Academy400 m away
- Monkshouse Primary Academy700 m away
- Spalding Grammar School900 m away
- Spalding High School1.6 km away
- Spalding Academy1.9 km away
More reading links
Public Transport Nearby
- Spalding|600 m away
- Swineshead|20.3 km away
- Hubberts Bridge|21.2 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Medium risk of flooding.












