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

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.

12 HIX CLOSE is a small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £240,889. It was last sold for £230,000 in October 2021, which was around 13% 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	£265,603	13% below HPI
2004 9 JUN	£120,000	£154,648	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 HIX CLOSE be worth now?

12 HIX CLOSE might now be worth an estimated £240,889.

This is based on house price inflation of 4.7%, between October 2021 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 4.7% inflationary increase is applied to the most recent sale price for 12 HIX CLOSE of £230,000 on 8th October 2021. For the value to have increased from £230,000 to £240,889 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 HIX CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HIX CLOSE has not materially changed since October 2021.

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 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 12 HIX CLOSE lies on this distribution: 30% of detached houses houses are smaller than 12 HIX CLOSE, and 69% 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.