1, PINE CLOSE, HOLBEACH, SPALDING, PE12 7JR - £184,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PINE CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £228,383. It was last sold for £184,950 in February 2018, which was around 18% below the average February 2018 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

1 PINE CLOSE Sold Prices

Land registry data shows four sales for 1 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 1 PINE CLOSE 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
2018 9 FEB	£184,950	£225,275	18% below HPI
2014 21 OCT	£160,000	£180,827	12% below HPI
2010 30 NOV	£142,950	£168,695	15% below HPI
1999 12 NOV	£69,950	£72,013	3% below HPI

1 PINE CLOSE 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 four 1 PINE CLOSE sales between November 1999 and February 2018 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 October 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 PINE CLOSE be worth now?

1 PINE CLOSE might now be worth an estimated £228,383.

This is based on house price inflation of 23.5%, between February 2018 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 1 PINE CLOSE of £184,950 on 9th February 2018. For the value to have increased from £184,950 to £228,383 over the seven years to February 2025, the following assumptions must hold true:

• The value of 1 PINE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2018 sale price of £184,950 represented a fair market value for the property.
• The size, condition, and specification of 1 PINE CLOSE has not materially changed since February 2018.

How Large is 1 PINE CLOSE?

1 PINE CLOSE is 73m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where 1 PINE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 1 PINE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

1 PINE CLOSE: Plot and Title Map

1 PINE CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 PINE CLOSE, 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 1 PINE CLOSE). 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 1 PINE CLOSE?

1 PINE CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 1 on PINE CLOSE.