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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHAPEL STREET is a very small detached house of 59m², built sometime before 1900, which could now be worth an estimated £151,855. It was last sold for £115,000 in June 2016, which was around 45% 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	£210,664	45% below HPI
2002 12 JUL	£46,000	£111,321	59% below HPI
1999 30 JUN	£23,500	£70,545	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 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 CHAPEL STREET be worth now?

3 CHAPEL STREET might now be worth an estimated £151,855.

This is based on house price inflation of 32%, between June 2016 and February 2025, 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 32% inflationary increase is applied to the most recent sale price for 3 CHAPEL STREET of £115,000 on 20th June 2016. For the value to have increased from £115,000 to £151,855 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 CHAPEL STREET has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL STREET has not materially changed since June 2016.

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 houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where 3 CHAPEL STREET lies on this distribution: 2% of detached houses 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.