5, PRINCES STREET, HOLBEACH, SPALDING, PE12 7BB - £148,000

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

5 PRINCES STREET is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £205,070. It was last sold for £148,000 in July 2016, which was around 28% below the average July 2016 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

5 PRINCES STREET Sold Prices

Land registry data shows two sales for 5 PRINCES STREET 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 5 PRINCES STREET 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
2016 4 JUL	£148,000	£206,400	28% below HPI
1998 30 JUN	£57,950	£63,212	8% below HPI

5 PRINCES STREET 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 5 PRINCES STREET sales from June 1998 and July 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 June 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 PRINCES STREET be worth now?

5 PRINCES STREET might now be worth an estimated £205,070.

This is based on house price inflation of 38.6%, between July 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 38.6% inflationary increase is applied to the most recent sale price for 5 PRINCES STREET of £148,000 on 4th July 2016. For the value to have increased from £148,000 to £205,070 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 PRINCES STREET has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2016 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRINCES STREET has not materially changed since July 2016.

How Large is 5 PRINCES STREET?

5 PRINCES STREET is 68m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 PRINCES STREET lies on this distribution: 8% of detached houses houses are smaller than 5 PRINCES STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 PRINCES STREET: Plot and Title Map

5 PRINCES STREET sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 PRINCES STREET, 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 PRINCES STREET). 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 PRINCES STREET?

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