16, BROOME WAY, HOLBEACH, SPALDING, PE12 7JZ - £275,000

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.

16 BROOME WAY is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £281,393. It was last sold for £275,000 in March 2024, which was around 1% above the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

16 BROOME WAY Sold Prices

Land registry data shows five sales for 16 BROOME WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five 16 BROOME WAY sales were 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
2024 22 MAR	£275,000	£271,858	1% above HPI
2006 26 SEP	£168,500	£184,839	9% below HPI
2004 30 SEP	£167,500	£156,558	7% above HPI
2001 10 JUL	£77,500	£92,881	17% below HPI
1996 14 JUN	£56,950	£55,359	3% above HPI

16 BROOME WAY 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 five 16 BROOME WAY sales between June 1996 and March 2024 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 BROOME WAY be worth now?

16 BROOME WAY might now be worth an estimated £281,393.

This is based on house price inflation of 2.3%, between March 2024 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 2.3% inflationary increase is applied to the most recent sale price for 16 BROOME WAY of £275,000 on 22nd March 2024. For the value to have increased from £275,000 to £281,393 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 16 BROOME WAY has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BROOME WAY has not materially changed since March 2024.

How Large is 16 BROOME WAY?

16 BROOME WAY is 74m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% 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 16 BROOME WAY lies on this distribution: 14% of detached houses houses are smaller than 16 BROOME WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

16 BROOME WAY: Plot and Title Map

16 BROOME WAY sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 16 BROOME WAY, 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 16 BROOME WAY). 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 16 BROOME WAY?

16 BROOME WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 16 on BROOME WAY.