Local market reports › PE area › PE12 › PE12 0
Cowbit market report PE12 0, Spalding
The standing PE12 0 (Cowbit) property market report, rebuilt from the full public record every month. The raw material for this page is 3,554 HM Land Registry entries for PE12 0 (Spalding), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical PE12 0 (Spalding) home changed hands for £280,000 in 2026 (median of 40 registered sales, down 5% on five years earlier), with the mean at £293,800, and by floor area homes here have averaged about £2,660 per square metre over the last five years. Source: 3,554 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PE12 0 is a postcode sector: one group of streets inside PE12 (Spalding). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PE12 0 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.
The going rate for a home in PE12 0
The 2026 median for PE12 0 is £280,000, taken from 40 registered sales. The mean, which is what most sites call the "average house price", is £293,800, nearly identical to it, meaning sales cluster closely around the typical figure.
PE12 0 prices by floor area
By floor space, homes in PE12 0 have sold for about £2,660 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.
Against a national (England and Wales) median of £285,000, PE12 0 runs 2% below it.
The price of a typical PE12 0 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £280,000 | £280,000 | 40 |
| 2025 | £320,000 | £327,652 | 96 |
| 2024 | £275,000 | £292,381 | 77 |
| 2023 | £315,000 | £346,108 | 97 |
| 2022 | £300,000 | £351,784 | 122 |
| 2021 | £295,000 | £373,508 | 167 |
| 2020 | £227,000 | £294,537 | 91 |
| 2019 | £267,000 | £349,973 | 97 |
| 2018 | £197,000 | £262,605 | 99 |
| 2017 | £215,500 | £293,920 | 86 |
| 2016 | £210,000 | £293,792 | 123 |
| 2015 | £175,000 | £247,275 | 119 |
| 2014 | £160,000 | £226,988 | 113 |
| 2013 | £174,000 | £250,369 | 99 |
| 2012 | £175,000 | £257,578 | 63 |
| 2011 | £165,000 | £249,087 | 69 |
| 2010 | £167,500 | £262,683 | 88 |
| 2009 | £149,500 | £240,323 | 66 |
| 2008 | £166,200 | £272,437 | 66 |
| 2007 | £180,000 | £305,330 | 137 |
| 2006 | £164,800 | £286,072 | 146 |
| 2005 | £157,800 | £280,820 | 128 |
| 2004 | £135,500 | £246,094 | 138 |
| 2003 | £149,800 | £275,968 | 164 |
| 2002 | £115,000 | £216,372 | 201 |
| 2001 | £92,500 | £177,827 | 154 |
| 2000 | £77,500 | £152,094 | 145 |
| 1999 | £65,000 | £129,542 | 143 |
| 1998 | £55,800 | £112,636 | 112 |
| 1997 | £50,500 | £103,565 | 141 |
| 1996 | £53,000 | £111,775 | 106 |
| 1995 | £47,000 | £102,171 | 61 |
In cash terms the typical PE12 0 home went from £47,000 in 1995 to £280,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 174%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PE12 0 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 2019 (+35.5% on the year before); the weakest, 2020 (−15.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.5% | −14.5% |
| 5 years (since 2021) | −1.0% | −5.6% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +2.7% | −0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
PE12 0 recorded 40 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 152 sales a year before the financial crisis and 86 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the PE12 0 market
This is a thin market: 40 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within PE12, this sector trades 14% above the district median: one of the dearer corners of its district.
Rents around PE12 0
The local authority for PE12 0 is South Holland, and its ONS average private rent currently stands at £762 a month (May 2026 figures). A one-bed averages £583 a month here and a four-or-more-bed £1,174, so size does most of the work in setting the rent.
Average monthly rent by size, South Holland
ONS Price Index of Private Rents, May 2026.
Set against the £280,000 median sold price, £762 a month is £9,144 a year, a gross yield of 3.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about PE12 0 (Cowbit)
How much did a house sell for in PE12 0 (Cowbit)?
Are property prices falling in PE12 0 (Cowbit)?
Is PE12 0 (Cowbit) a good place to buy a house?
Where do PE12 0 prices go next?
That question has no honest answer, only evidence. The evidence: the median is down 5% over five years in cash but down 25% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in PE12 today
The live side of the market holds 163 homes at the moment, listed by 11 agents publishing to HomesIndex.
These cover the whole PE12 district, not just PE12 0: live asking prices are collected per district.
Of everything listed here, 19% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Mawford Close, Moulton Seas End, Spalding
- Angell Lane, Holbeach, Spalding
- Highstock Lane, Gedney Hill, Spalding
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every PE12 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in PE
What homes of each size actually sold for across the PE area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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. Sizes with too few homes to be meaningful are left 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in PE12
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PE12, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE12 6 | £272,500 | 51 |
| PE12 7 | £230,000 | 63 |
| PE12 8 | £310,000 | 29 |
| PE12 9 | £210,000 | 64 |
Zoom out to the full PE12 district report for the type split, monthly volumes and how PE12 compares with its neighbours.
Before you sell in PE12 0: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE12 0'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.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PE12 0.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE12 0. Free, with a one click sign in.
Two maps carry on from here: every PE12 0 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.