1, WELBY GARDENS, HOLBEACH, SPALDING, PE12 7JY - £186,000

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 WELBY GARDENS is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £275,632. It was last sold for £186,000 in February 2015, which was around 1% below the average February 2015 detached price in the South Holland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 WELBY GARDENS Sold Prices

Land registry data shows three sales for 1 WELBY GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 1 WELBY GARDENS sales were for below the average price, whilst one was 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
2015 26 FEB	£186,000	£187,718	1% below HPI
2005 9 SEP	£168,500	£170,926	1% below HPI
1997 3 JUL	£69,950	£57,273	22% above HPI

1 WELBY GARDENS 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 three 1 WELBY GARDENS sales between July 1997 and February 2015 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 September 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2015 sale, which was also at 1% below the HPI.

What might 1 WELBY GARDENS be worth now?

1 WELBY GARDENS might now be worth an estimated £275,632.

This is based on house price inflation of 48.2%, between February 2015 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 48.2% inflationary increase is applied to the most recent sale price for 1 WELBY GARDENS of £186,000 on 26th February 2015. For the value to have increased from £186,000 to £275,632 over the ten years to February 2025, the following assumptions must hold true:

• The value of 1 WELBY GARDENS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2015 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELBY GARDENS has not materially changed since February 2015.

How Large is 1 WELBY GARDENS?

1 WELBY GARDENS is 127m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 WELBY GARDENS lies on this distribution: 78% of detached houses houses are smaller than 1 WELBY GARDENS, and 22% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

1 WELBY GARDENS: Plot and Title Map

1 WELBY GARDENS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 WELBY GARDENS, 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 WELBY GARDENS). 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 WELBY GARDENS?

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