15, HIX CLOSE, HOLBEACH, SPALDING, PE12 7EN - £212,500

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.

15 HIX CLOSE is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £252,138. It was last sold for £212,500 in July 2018, which was around 9% below the average July 2018 detached price in the South Holland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

15 HIX CLOSE Sold Prices

Land registry data shows four sales for 15 HIX CLOSE since 1^st 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 15 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
2018 4 JUL	£212,500	£234,446	9% below HPI
2002 6 SEP	£110,000	£117,831	7% below HPI
2001 7 DEC	£91,250	£101,051	10% below HPI
1997 15 SEP	£54,000	£58,968	8% below HPI

15 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 four 15 HIX CLOSE sales between September 1997 and July 2018 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 September 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 HIX CLOSE be worth now?

15 HIX CLOSE might now be worth an estimated £252,138.

This is based on house price inflation of 18.7%, between July 2018 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 18.7% inflationary increase is applied to the most recent sale price for 15 HIX CLOSE of £212,500 on 4th July 2018. For the value to have increased from £212,500 to £252,138 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 15 HIX CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2018 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HIX CLOSE has not materially changed since July 2018.

How Large is 15 HIX CLOSE?

15 HIX CLOSE is 84m² according to the EPC inspection conducted in February 2018. 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 15 HIX CLOSE lies on this distribution: 26% of detached houses houses are smaller than 15 HIX CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

15 HIX CLOSE: Plot and Title Map

15 HIX CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 15 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 15 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 15 HIX CLOSE?

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