5, RATHKENNY CLOSE, HOLBEACH, SPALDING, PE12 7ER - £94,500

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 RATHKENNY CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £157,667. It was last sold for £94,500 in January 2005, which was around 45% below the average January 2005 detached price in the South Holland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 RATHKENNY CLOSE Sold Prices

Land registry data shows four sales for 5 RATHKENNY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 5 RATHKENNY 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
2005 14 JAN	£94,500	£171,412	45% below HPI
2003 17 JUN	£79,000	£138,271	43% below HPI
2000 29 FEB	£38,000	£75,840	50% below HPI
1996 25 JUL	£33,000	£56,020	41% below HPI

5 RATHKENNY 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 four 5 RATHKENNY CLOSE sales between July 1996 and January 2005 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 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2005 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 RATHKENNY CLOSE be worth now?

5 RATHKENNY CLOSE might now be worth an estimated £157,667.

This is based on house price inflation of 66.8%, between January 2005 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 66.8% inflationary increase is applied to the most recent sale price for 5 RATHKENNY CLOSE of £94,500 on 14th January 2005. For the value to have increased from £94,500 to £157,667 over the eighteen years and one month to December 2024, the following assumptions must hold true:

• The value of 5 RATHKENNY CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2005 sale price of £94,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RATHKENNY CLOSE has not materially changed since January 2005.

How Large is 5 RATHKENNY CLOSE?

5 RATHKENNY CLOSE is 72m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 RATHKENNY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 5 RATHKENNY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 RATHKENNY CLOSE: Plot and Title Map

5 RATHKENNY CLOSE sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of 5 RATHKENNY 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 RATHKENNY 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 RATHKENNY CLOSE?

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