12, ROWAN CLOSE, HOLBEACH, SPALDING, PE12 7BT - £185,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 ROWAN CLOSE is a small semi-detached house of 81m², built sometime between 1983 and 1990. It was last sold for £185,000 in July 2019, which was around 21% below the average July 2019 detached price in the South Holland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

12 ROWAN CLOSE Sold Prices

Land registry data shows six sales for 12 ROWAN CLOSE 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. All of the six 12 ROWAN 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
2019 31 JUL	£185,000	£234,679	21% below HPI
2016 13 OCT	£163,000	£212,967	23% below HPI
2015 18 DEC	£119,000	£196,850	40% below HPI
2001 1 NOV	£72,995	£98,651	26% below HPI
1998 10 JUN	£53,950	£63,523	15% below HPI
1997 17 OCT	£51,000	£59,132	14% below HPI

12 ROWAN 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 six 12 ROWAN CLOSE sales between October 1997 and July 2019 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 ROWAN CLOSE?

12 ROWAN CLOSE is 81m² according to the EPC inspection conducted in June 2016. 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 12 ROWAN CLOSE lies on this distribution: 23% of detached houses are smaller than 12 ROWAN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

12 ROWAN CLOSE: Plot and Title Map

12 ROWAN CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 12 ROWAN 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 ROWAN 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 ROWAN CLOSE?

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