5, ROWAN CLOSE, HOLBEACH, SPALDING, PE12 7BT - £96,995

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 ROWAN CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £200,636. It was last sold for £96,995 in July 2003, which was around 30% below the average July 2003 detached price in the South Holland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

5 ROWAN CLOSE Sold Prices

Land registry data shows three sales for 5 ROWAN 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 ROWAN 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
2003 31 JUL	£96,995	£138,258	30% below HPI
2000 27 NOV	£71,000	£84,482	16% below HPI
1997 21 MAR	£43,250	£56,988	24% below HPI

5 ROWAN 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 ROWAN CLOSE sales between March 1997 and July 2003 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2003 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 ROWAN CLOSE be worth now?

5 ROWAN CLOSE might now be worth an estimated £200,636.

This is based on house price inflation of 106.9%, between July 2003 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 106.9% inflationary increase is applied to the most recent sale price for 5 ROWAN CLOSE of £96,995 on 31st July 2003. For the value to have increased from £96,995 to £200,636 over the twenty years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 ROWAN CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2003 sale price of £96,995 represented a fair market value for the property.
• The size, condition, and specification of 5 ROWAN CLOSE has not materially changed since July 2003.

How Large is 5 ROWAN CLOSE?

5 ROWAN CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 ROWAN CLOSE lies on this distribution: 37% of detached houses houses are smaller than 5 ROWAN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 ROWAN CLOSE: Plot and Title Map

5 ROWAN CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 ROWAN 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 ROWAN 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 ROWAN CLOSE?

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