5, WESTERN AVENUE, HOLBEACH, SPALDING, PE12 7QD - £120,000

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 WESTERN AVENUE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £120,000 in July 2009, which was around 20% below the average July 2009 detached price in the South Holland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

5 WESTERN AVENUE Sold Prices

Land registry data shows two sales for 5 WESTERN AVENUE 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 WESTERN AVENUE 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
2009 20 JUL	£120,000	£149,168	20% below HPI
2003 6 NOV	£122,000	£150,012	19% below HPI

5 WESTERN AVENUE 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 WESTERN AVENUE sales from November 2003 and July 2009 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2009 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 WESTERN AVENUE?

5 WESTERN AVENUE is 69m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% 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 WESTERN AVENUE lies on this distribution: 9% of detached houses are smaller than 5 WESTERN AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

5 WESTERN AVENUE: Plot and Title Map

5 WESTERN AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 5 WESTERN AVENUE, 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 WESTERN AVENUE). 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 WESTERN AVENUE?

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