45, LANGWITH DRIVE, HOLBEACH, SPALDING, PE12 7HQ - £177,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 LANGWITH DRIVE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £177,000 in December 2017, which was around 23% below the average December 2017 detached price in the South Holland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

45 LANGWITH DRIVE Sold Prices

Land registry data shows three sales for 45 LANGWITH 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. All of the three 45 LANGWITH DRIVE 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
2017 6 DEC	£177,000	£229,374	23% below HPI
2012 30 NOV	£123,000	£168,137	27% below HPI
2007 27 APR	£157,000	£191,303	18% below HPI

45 LANGWITH 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 45 LANGWITH DRIVE sales between April 2007 and December 2017 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 November 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 45 LANGWITH DRIVE?

45 LANGWITH DRIVE is 84m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 45 LANGWITH DRIVE lies on this distribution: 27% of detached houses are smaller than 45 LANGWITH DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

45 LANGWITH DRIVE: Plot and Title Map

45 LANGWITH DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 45 LANGWITH 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 45 LANGWITH 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 45 LANGWITH DRIVE?

45 LANGWITH DRIVE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 45 on LANGWITH DRIVE.