12, HIX CLOSE, HOLBEACH, SPALDING, PE12 7EN - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 HIX CLOSE is a small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £230,000 in October 2021, which was around 14% below the average October 2021 detached price in the South Holland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

12 HIX CLOSE Sold Prices

Land registry data shows two sales for 12 HIX 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 12 HIX 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
2021 8 OCT	£230,000	£266,910	14% below HPI
2004 9 JUN	£120,000	£155,410	23% below HPI

12 HIX 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 12 HIX CLOSE sales from June 2004 and October 2021 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 June 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 HIX CLOSE?

12 HIX CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 12 HIX CLOSE lies on this distribution: 30% of detached houses are smaller than 12 HIX CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

12 HIX CLOSE: Plot and Title Map

12 HIX CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 12 HIX 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 12 HIX 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 12 HIX CLOSE?

12 HIX CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 12 on HIX CLOSE.