25, PARK LANE, HOLBEACH, SPALDING, PE12 7EJ - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 PARK LANE is a very small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £195,000 in April 2022, which was around 31% below the average April 2022 detached price in the South Holland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

25 PARK LANE Sold Prices

Land registry data shows three sales for 25 PARK LANE 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 25 PARK LANE 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
2022 22 APR	£195,000	£282,251	31% below HPI
2011 14 JUN	£144,995	£159,412	9% below HPI
1999 26 JUL	£55,000	£69,435	21% below HPI

25 PARK LANE 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 25 PARK LANE sales between July 1999 and April 2022 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 June 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 25 PARK LANE?

25 PARK LANE is 67m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 25 PARK LANE lies on this distribution: 6% of detached houses are smaller than 25 PARK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

25 PARK LANE: Plot and Title Map

25 PARK LANE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 25 PARK LANE, 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 25 PARK LANE). 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 25 PARK LANE?

25 PARK LANE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 25 on PARK LANE.