2, BROOME WAY, HOLBEACH, SPALDING, PE12 7JZ - £125,000

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 BROOME WAY is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £204,015. It was last sold for £125,000 in July 2014, which was around 4% above the average July 2014 semi-detached price in the South Holland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

2 BROOME WAY Sold Prices

Land registry data shows four sales for 2 BROOME WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the four 2 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
2014 31 JUL	£125,000	£120,623	4% above HPI
2003 11 JUL	£96,500	£88,371	9% above HPI
1998 11 MAR	£49,500	£37,021	34% above HPI
1995 4 AUG	£49,950	£33,950	47% above HPI

2 BROOME WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The four 2 BROOME WAY sales between August 1995 and July 2014 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 July 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 BROOME WAY be worth now?

2 BROOME WAY might now be worth an estimated £204,015.

This is based on house price inflation of 63.2%, between July 2014 and December 2024, for semi-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 63.2% inflationary increase is applied to the most recent sale price for 2 BROOME WAY of £125,000 on 31st July 2014. For the value to have increased from £125,000 to £204,015 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 BROOME WAY has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The July 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOME WAY has not materially changed since July 2014.

How Large is 2 BROOME WAY?

2 BROOME WAY is 69m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of semi-detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Holbeach, and where 2 BROOME WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 2 BROOME WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

2 BROOME WAY: Plot and Title Map

2 BROOME WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 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 2 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 2 BROOME WAY?

2 BROOME WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 2 on BROOME WAY.