15, CEDAR DRIVE, HOLBEACH, SPALDING, PE12 7JP - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 CEDAR DRIVE is a midsized detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £213,268. It was last sold for £180,000 in December 2020, which was around 25% below the average December 2020 detached price in the South Holland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

15 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 15 CEDAR DRIVE 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. One of the two 15 CEDAR DRIVE sales was for below the average price, whilst the other 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
2020 14 DEC	£180,000	£241,377	25% below HPI
1996 12 DEC	£60,000	£54,869	9% above HPI

15 CEDAR DRIVE 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 15 CEDAR DRIVE sales from December 1996 and December 2020 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 December 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 CEDAR DRIVE be worth now?

15 CEDAR DRIVE might now be worth an estimated £213,268.

This is based on house price inflation of 18.5%, between December 2020 and December 2024, 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 18.5% inflationary increase is applied to the most recent sale price for 15 CEDAR DRIVE of £180,000 on 14th December 2020. For the value to have increased from £180,000 to £213,268 over the four years to December 2024, the following assumptions must hold true:

• The value of 15 CEDAR DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CEDAR DRIVE has not materially changed since December 2020.

How Large is 15 CEDAR DRIVE?

15 CEDAR DRIVE is 97m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% 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 15 CEDAR DRIVE lies on this distribution: 45% of detached houses houses are smaller than 15 CEDAR DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

15 CEDAR DRIVE: Plot and Title Map

15 CEDAR DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 15 CEDAR DRIVE, 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 15 CEDAR DRIVE). 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 15 CEDAR DRIVE?

15 CEDAR DRIVE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 15 on CEDAR DRIVE.