5, ARMITAGE CLOSE, HOLBEACH, SPALDING, PE12 7QL - £259,950

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

5 ARMITAGE CLOSE is a very large extended detached house of 149m², built sometime between 1991 and 1995, which could now be worth an estimated £346,608. It was last sold for £259,950 in February 2017, which was around 21% above the average February 2017 detached price in the South Holland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

5 ARMITAGE CLOSE Sold Prices

Land registry data shows three sales for 5 ARMITAGE CLOSE 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 5 ARMITAGE CLOSE 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
2017 23 FEB	£259,950	£214,487	21% above HPI
2005 9 SEP	£212,500	£170,926	24% above HPI
2002 26 JUL	£150,000	£111,321	35% above HPI

5 ARMITAGE 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 three 5 ARMITAGE CLOSE sales between July 2002 and February 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 September 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 5 ARMITAGE CLOSE be worth now?

5 ARMITAGE CLOSE might now be worth an estimated £346,608.

This is based on house price inflation of 33.3%, between February 2017 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 33.3% inflationary increase is applied to the most recent sale price for 5 ARMITAGE CLOSE of £259,950 on 23rd February 2017. For the value to have increased from £259,950 to £346,608 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 5 ARMITAGE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2017 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 5 ARMITAGE CLOSE has not materially changed since February 2017.

How Large is 5 ARMITAGE CLOSE?

5 ARMITAGE CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% 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 5 ARMITAGE CLOSE lies on this distribution: 89% of detached houses houses are smaller than 5 ARMITAGE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 ARMITAGE CLOSE: Plot and Title Map

5 ARMITAGE CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 5 ARMITAGE 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 5 ARMITAGE 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 5 ARMITAGE CLOSE?

5 ARMITAGE CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 5 on ARMITAGE CLOSE.