1, THE CHASE, HOLBEACH, SPALDING, PE12 7EX - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 THE CHASE is a very large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £260,000 in March 2022, which was around 7% below the average March 2022 detached price in the South Holland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

1 THE CHASE Sold Prices

Land registry data shows six sales for 1 THE CHASE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the six 1 THE CHASE 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
2022 2 MAR	£260,000	£278,665	7% below HPI
2014 14 APR	£152,500	£178,409	15% below HPI
2007 12 JAN	£193,000	£186,560	3% above HPI
2004 9 JUN	£179,950	£155,410	16% above HPI
1997 4 JUN	£55,000	£57,940	5% below HPI
1997 17 APR	£45,000	£59,353	24% below HPI

1 THE CHASE 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 six 1 THE CHASE sales between April 1997 and March 2022 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 April 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 THE CHASE?

1 THE CHASE is 140m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 1 THE CHASE lies on this distribution: 85% of detached houses are smaller than 1 THE CHASE, and 15% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

1 THE CHASE: Plot and Title Map

1 THE CHASE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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