1, REAPERS CLOSE, HOLBEACH, SPALDING, PE12 7NU - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 REAPERS CLOSE is a very large extended detached house of 180m², built sometime between 1983 and 1990, which could now be worth an estimated £378,986. It was last sold for £315,000 in September 2020, which was around 33% above the average September 2020 detached price in the South Holland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 REAPERS CLOSE Sold Prices

Land registry data shows two sales for 1 REAPERS CLOSE 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 1 REAPERS CLOSE sales were for above 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
2020 18 SEP	£315,000	£237,704	33% above HPI
1996 1 NOV	£78,950	£54,733	44% above HPI

1 REAPERS 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 two 1 REAPERS CLOSE sales from November 1996 and September 2020 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 November 1996 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2020 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 1 REAPERS CLOSE be worth now?

1 REAPERS CLOSE might now be worth an estimated £378,986.

This is based on house price inflation of 20.3%, between September 2020 and December 2024, 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 20.3% inflationary increase is applied to the most recent sale price for 1 REAPERS CLOSE of £315,000 on 18th September 2020. For the value to have increased from £315,000 to £378,986 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 REAPERS CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REAPERS CLOSE has not materially changed since September 2020.

How Large is 1 REAPERS CLOSE?

1 REAPERS CLOSE is 180m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 REAPERS CLOSE lies on this distribution: 94% of detached houses houses are smaller than 1 REAPERS CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

1 REAPERS CLOSE: Plot and Title Map

1 REAPERS CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 1 REAPERS 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 REAPERS 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 REAPERS CLOSE?

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