Local market reports › PE area › PE11 › PE11 1
Deeping St. Nicholas market report PE11 1, Spalding
The standing PE11 1 (Deeping St. Nicholas) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 6,417 sales registered with HM Land Registry in PE11 1 (Spalding) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical PE11 1 (Spalding) home changed hands for £193,800 in 2026 (median of 64 registered sales, up 1% on five years earlier), with the mean at £211,200, and by floor area homes here have averaged about £2,240 per square metre over the last five years. Source: 6,417 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PE11 1 is one sector of PE11 (Spalding): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where PE11 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's PE11 1 prices, from the sold record
In the PE11 1 property market, the 2026 median sale price is £193,800, from 64 registered sales; the mean, the "average house price" most sites quote, is £211,200, sitting modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in PE11 1
By floor space, homes in PE11 1 have sold for about £2,240 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Set against the £285,000 England and Wales median, PE11 1 sits 32% below the national market.
PE11 1's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £193,800 | £193,800 | 64 |
| 2025 | £192,000 | £196,591 | 154 |
| 2024 | £211,000 | £224,336 | 128 |
| 2023 | £192,500 | £211,510 | 136 |
| 2022 | £206,000 | £241,559 | 213 |
| 2021 | £192,200 | £243,350 | 286 |
| 2020 | £185,000 | £240,041 | 194 |
| 2019 | £176,700 | £231,611 | 172 |
| 2018 | £175,000 | £233,278 | 167 |
| 2017 | £175,000 | £238,682 | 159 |
| 2016 | £154,000 | £215,448 | 147 |
| 2015 | £140,000 | £197,820 | 149 |
| 2014 | £131,200 | £186,130 | 178 |
| 2013 | £128,200 | £184,467 | 156 |
| 2012 | £130,500 | £192,080 | 125 |
| 2011 | £122,500 | £184,928 | 140 |
| 2010 | £133,000 | £208,578 | 123 |
| 2009 | £130,000 | £208,976 | 176 |
| 2008 | £125,000 | £204,901 | 187 |
| 2007 | £142,000 | £240,872 | 442 |
| 2006 | £132,000 | £229,135 | 261 |
| 2005 | £131,500 | £234,017 | 227 |
| 2004 | £110,000 | £199,781 | 270 |
| 2003 | £93,000 | £171,329 | 204 |
| 2002 | £75,200 | £141,488 | 260 |
| 2001 | £67,000 | £128,804 | 253 |
| 2000 | £55,600 | £109,115 | 234 |
| 1999 | £46,200 | £92,074 | 246 |
| 1998 | £46,000 | £92,854 | 286 |
| 1997 | £46,800 | £95,977 | 254 |
| 1996 | £42,100 | £88,787 | 238 |
| 1995 | £44,600 | £96,954 | 188 |
In cash terms the typical PE11 1 home went from £44,600 in 1995 to £193,800 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 100%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2021, and today's median remains roughly 20% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PE11 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+23.7% on the year before); the weakest, 2008 (−12.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What PE11 1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.9% | −1.4% |
| 5 years (since 2021) | +0.2% | −4.5% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +1.9% | −0.8% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 64 PE11 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 269 sales a year before the financial crisis and 139 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Rents around PE11 1
For renting purposes PE11 1 sits in South Holland. The ONS average private rent there is £762 a month (May 2026). The spread runs from £583 a month for a typical one-bed to £1,174 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, South Holland
ONS Price Index of Private Rents, May 2026.
Against the £193,800 median purchase price, a rent of £762 a month (£9,144 a year) works out at a 4.7% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
What kind of market PE11 1 is
Against the PE11 district median, PE11 1 sits 11% lower, marking it as a cheaper pocket of the district.
Asked and answered: PE11 1 (Deeping St. Nicholas)
Is PE11 1 (Deeping St. Nicholas) a good place to buy a house?
How much did a house sell for in PE11 1 (Deeping St. Nicholas)?
Are property prices falling in PE11 1 (Deeping St. Nicholas)?
What happens to PE11 1 prices now?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
PE11's current homes for sale
The live side of the market holds 117 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole PE11 district, not just PE11 1: live asking prices are collected per district.
29% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every PE11 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: PE prices by size
Real sold prices by size across the PE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
PE area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in PE11
A few minutes' walk can separate two very different markets. Here are PE11's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE11 2 | £183,500 | 63 |
| PE11 3 | £240,000 | 99 |
| PE11 4 | £245,000 | 67 |
| PE11 5 | £330,000 | 3 |
Zoom out to the full PE11 district report for the type split, monthly volumes and how PE11 compares with its neighbours.
Selling a home in PE11 1? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE11 1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working PE11 1: the featured spot on this report is free for founding agents, one per district. Claim PE11 1.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE11 1. Free, with a one click sign in.
See every individual PE11 1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.