RED GABLES, PARK ROAD, HOLBEACH, SPALDING, PE12 7EE - £104,000

RED GABLES is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £104,000 in February 2011, which was around 37% below the average February 2011 detached price in the South Holland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

RED GABLES Sold Prices

Land registry data shows two sales for RED GABLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two RED GABLES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 14 FEB	£104,000	£164,863	37% below HPI
2004 17 JUN	£145,000	£155,410	7% below HPI

RED GABLES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two RED GABLES sales from June 2004 and February 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2011 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is RED GABLES?

RED GABLES is 105m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where RED GABLES lies on this distribution: 57% of detached houses are smaller than RED GABLES, and 42% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

RED GABLES: Plot and Title Map

RED GABLES sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of RED GABLES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RED GABLES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RED GABLES?

RED GABLES is located on PARK ROAD in HOLBEACH, in the PE12 postcode district. The below map shows the position of RED GABLES on PARK ROAD.