3, CHAPEL STREET, HOLBEACH, SPALDING, PE12 7DD - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 CHAPEL STREET is a very small detached house of 59m², built sometime before 1900. It was last sold for £115,000 in June 2016, which was around 46% below the average June 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 CHAPEL STREET Sold Prices

Land registry data shows three sales for 3 CHAPEL STREET 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 3 CHAPEL STREET 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
2016 20 JUN	£115,000	£211,701	46% below HPI
2002 12 JUL	£46,000	£111,869	59% below HPI
1999 30 JUN	£23,500	£70,892	67% below HPI

3 CHAPEL STREET 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 3 CHAPEL STREET sales between June 1999 and June 2016 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 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2016 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 CHAPEL STREET?

3 CHAPEL STREET is 59m² according to the EPC inspection conducted in May 2016. 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 3 CHAPEL STREET lies on this distribution: 2% of detached houses are smaller than 3 CHAPEL STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

3 CHAPEL STREET: Plot and Title Map

3 CHAPEL STREET sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 3 CHAPEL STREET, 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 3 CHAPEL STREET). 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 3 CHAPEL STREET?

3 CHAPEL STREET is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 3 on CHAPEL STREET.