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
10 WELBOURNE LANE NORTH is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £170,000 in August 2017, which was around 24% below the average August 2017 detached price in the South Holland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows four sales for 10 WELBOURNE LANE NORTH since 1st 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 10 WELBOURNE LANE NORTH 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 |
---|---|---|---|
2017 30 AUG | £170,000 | £224,913 | 24% below HPI |
2013 14 OCT | £125,000 | £173,985 | 28% below HPI |
2012 14 MAR | £123,000 | £156,838 | 22% below HPI |
2009 18 FEB | £60,000 | £162,945 | 63% below HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 10 WELBOURNE LANE NORTH sales between February 2009 and August 2017 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
10 WELBOURNE LANE NORTH is 85m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 10 WELBOURNE LANE NORTH lies on this distribution: 30% of detached houses are smaller than 10 WELBOURNE LANE NORTH, and 70% of houses are larger. Note that EPC data is not available for all properties in Holbeach.
10 WELBOURNE LANE NORTH sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 10 WELBOURNE LANE NORTH, 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 10 WELBOURNE LANE NORTH). 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.
10 WELBOURNE LANE NORTH is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 10 on WELBOURNE LANE NORTH.