3, HOBSONS GREEN, SPALDING, PE11 3GU - £280,000

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

3 HOBSONS GREEN is a very large extended detached house of 159m², built sometime between 2003 and 2006, which could now be worth an estimated £379,285. It was last sold for £280,000 in May 2016, which was around 33% above the average May 2016 detached price in the South Holland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

3 HOBSONS GREEN Sold Prices

Land registry data shows four sales for 3 HOBSONS GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 3 HOBSONS GREEN 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
2016 13 MAY	£280,000	£211,126	33% above HPI
2013 11 JAN	£238,000	£169,699	40% above HPI
2010 3 DEC	£240,000	£167,885	43% above HPI
2006 26 MAY	£289,950	£175,528	65% above HPI

3 HOBSONS GREEN 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 four 3 HOBSONS GREEN sales between May 2006 and May 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 January 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3 HOBSONS GREEN be worth now?

3 HOBSONS GREEN might now be worth an estimated £379,285.

This is based on house price inflation of 35.5%, between May 2016 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 35.5% inflationary increase is applied to the most recent sale price for 3 HOBSONS GREEN of £280,000 on 13th May 2016. For the value to have increased from £280,000 to £379,285 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 3 HOBSONS GREEN has moved in line with the HPI for detached houses in the South Holland local authority area.
• The May 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOBSONS GREEN has not materially changed since May 2016.

How Large is 3 HOBSONS GREEN?

3 HOBSONS GREEN is 159m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 3 HOBSONS GREEN lies on this distribution: 86% of detached houses houses are smaller than 3 HOBSONS GREEN, and 14% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 HOBSONS GREEN: Plot and Title Map

3 HOBSONS GREEN sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 3 HOBSONS GREEN, 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 HOBSONS GREEN). 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 HOBSONS GREEN?

3 HOBSONS GREEN is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 3 on HOBSONS GREEN.