3, MONDEMONT CLOSE, HOLBEACH, SPALDING, PE12 7EP - £165,000

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 MONDEMONT CLOSE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £165,000 in February 2022, which was around 40% below the average February 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

3 MONDEMONT CLOSE Sold Prices

Land registry data shows two sales for 3 MONDEMONT 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 3 MONDEMONT CLOSE 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 2 FEB	£165,000	£274,546	40% below HPI
1995 21 JUL	£46,000	£50,250	8% below HPI

3 MONDEMONT 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 3 MONDEMONT CLOSE sales from July 1995 and February 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 July 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 MONDEMONT CLOSE?

3 MONDEMONT CLOSE is 69m² according to the EPC inspection conducted in June 2015. 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 MONDEMONT CLOSE lies on this distribution: 8% of detached houses are smaller than 3 MONDEMONT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

3 MONDEMONT CLOSE: Plot and Title Map

3 MONDEMONT CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 MONDEMONT 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 3 MONDEMONT 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 3 MONDEMONT CLOSE?

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