2, BITTERN CLOSE, COWBIT, SPALDING, PE12 6XU - £250,000

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

2 BITTERN CLOSE is a large detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £461,011. It was last sold for £250,000 in September 2009, which was around 61% above the average September 2009 detached price in the South Holland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 BITTERN CLOSE Sold Prices

Land registry data shows two sales for 2 BITTERN 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 2 BITTERN CLOSE 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
2009 24 SEP	£250,000	£155,088	61% above HPI
2005 15 NOV	£248,000	£172,620	44% above HPI

2 BITTERN 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 2 BITTERN CLOSE sales from November 2005 and September 2009 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 November 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2009 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 2 BITTERN CLOSE be worth now?

2 BITTERN CLOSE might now be worth an estimated £461,011.

This is based on house price inflation of 84.4%, between September 2009 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 84.4% inflationary increase is applied to the most recent sale price for 2 BITTERN CLOSE of £250,000 on 24th September 2009. For the value to have increased from £250,000 to £461,011 over the fourteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 BITTERN CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BITTERN CLOSE has not materially changed since September 2009.

How Large is 2 BITTERN CLOSE?

2 BITTERN CLOSE is 136m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowbit, and where 2 BITTERN CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 BITTERN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

2 BITTERN CLOSE: Plot and Title Map

2 BITTERN CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 2 BITTERN 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 2 BITTERN 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 2 BITTERN CLOSE?

2 BITTERN CLOSE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 2 on BITTERN CLOSE.