4, CASTLE DRIVE, HOLBEACH, SPALDING, PE12 8TF - £325,000

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

4 CASTLE DRIVE is a very large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £325,000 in November 2020, which was around 35% above the average November 2020 detached price in the South Holland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

4 CASTLE DRIVE Sold Prices

Land registry data shows three sales for 4 CASTLE DRIVE 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. Two of the three 4 CASTLE DRIVE sales were for above the average price, whilst one was 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
2020 17 NOV	£325,000	£241,438	35% above HPI
2001 14 MAY	£145,000	£90,445	60% above HPI
2001 19 MAR	£25,000	£90,729	72% below HPI

4 CASTLE DRIVE 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 4 CASTLE DRIVE sales between March 2001 and November 2020 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 May 2001 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 4 CASTLE DRIVE?

4 CASTLE DRIVE is 138m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 4 CASTLE DRIVE lies on this distribution: 84% of detached houses are smaller than 4 CASTLE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

4 CASTLE DRIVE: Plot and Title Map

4 CASTLE DRIVE sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of 4 CASTLE DRIVE, 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 4 CASTLE DRIVE). 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 4 CASTLE DRIVE?

4 CASTLE DRIVE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 4 on CASTLE DRIVE.