26, REDWOOD CLOSE, HOLBEACH, SPALDING, PE12 7FL - £338,000

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

26 REDWOOD CLOSE is a very large detached house of 130m², built in 2022, which could now be worth an estimated £340,477. It was last sold for £338,000 in May 2023, which was around 19% above the average May 2023 detached price in the South Holland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

26 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 26 REDWOOD 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 26 REDWOOD 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
2023 10 MAY	£338,000	£283,908	19% above HPI
2022 15 JUN	£335,000	£287,817	16% above HPI

26 REDWOOD 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 26 REDWOOD CLOSE sales from June 2022 and May 2023 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 2022 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 26 REDWOOD CLOSE be worth now?

26 REDWOOD CLOSE might now be worth an estimated £340,477.

This is based on house price inflation of 0.7%, between May 2023 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 0.7% inflationary increase is applied to the most recent sale price for 26 REDWOOD CLOSE of £338,000 on 10th May 2023. For the value to have increased from £338,000 to £340,477 over the five months to December 2024, the following assumptions must hold true:

• The value of 26 REDWOOD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2023 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 26 REDWOOD CLOSE has not materially changed since May 2023.

How Large is 26 REDWOOD CLOSE?

26 REDWOOD CLOSE is 130m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 26 REDWOOD CLOSE lies on this distribution: 80% of detached houses houses are smaller than 26 REDWOOD CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

26 REDWOOD CLOSE: Plot and Title Map

26 REDWOOD CLOSE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 26 REDWOOD 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 26 REDWOOD 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 26 REDWOOD CLOSE?

26 REDWOOD CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 26 on REDWOOD CLOSE.