2, CHAPMAN MEWS, HOLBEACH, SPALDING, PE12 8NZ - £180,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 CHAPMAN MEWS is a small semi-detached house of 88m², built sometime between 2003 and 2006. It was last sold for £180,000 in July 2021, which was around 30% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHAPMAN MEWS Sold Prices

Land registry data shows three sales for 2 CHAPMAN MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 2 CHAPMAN MEWS 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
2021 16 JUL	£180,000	£258,087	30% below HPI
2015 16 OCT	£138,000	£196,397	30% below HPI
2004 16 JUL	£122,000	£157,001	22% below HPI

2 CHAPMAN MEWS 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 three 2 CHAPMAN MEWS sales between July 2004 and July 2021 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 October 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, which was also at 30% below the HPI.

How Large is 2 CHAPMAN MEWS?

2 CHAPMAN MEWS is 88m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 2 CHAPMAN MEWS lies on this distribution: 34% of detached houses are smaller than 2 CHAPMAN MEWS, and 65% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

2 CHAPMAN MEWS: Plot and Title Map

2 CHAPMAN MEWS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 CHAPMAN MEWS, 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 CHAPMAN MEWS). 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 CHAPMAN MEWS?

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