5, SPENCER GARDENS, HOLBEACH, SPALDING, PE12 7RQ - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 SPENCER GARDENS is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £255,000 in August 2021, which was around 2% below the average August 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

5 SPENCER GARDENS Sold Prices

Land registry data shows three sales for 5 SPENCER GARDENS 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. Two of the three 5 SPENCER GARDENS sales were for below the average price, whilst one was 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
2021 24 AUG	£255,000	£261,111	2% below HPI
2020 12 AUG	£200,000	£233,088	14% below HPI
2001 25 JUN	£104,950	£94,728	11% above HPI

5 SPENCER GARDENS 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 SPENCER GARDENS sales between June 2001 and August 2021 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 August 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 SPENCER GARDENS?

5 SPENCER GARDENS is 107m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 5 SPENCER GARDENS lies on this distribution: 60% of detached houses are smaller than 5 SPENCER GARDENS, and 39% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 SPENCER GARDENS: Plot and Title Map

5 SPENCER GARDENS sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 5 SPENCER GARDENS, 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 SPENCER GARDENS). 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 SPENCER GARDENS?

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