6, CEDAR DRIVE, HOLBEACH, SPALDING, PE12 7JP - £178,000

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

6 CEDAR DRIVE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £178,000 in October 2018, which was around 25% below the average October 2018 detached price in the South Holland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

6 CEDAR DRIVE Sold Prices

Land registry data shows five sales for 6 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 6 CEDAR DRIVE 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
2018 30 OCT	£178,000	£237,899	25% below HPI
2009 20 NOV	£125,000	£159,928	22% below HPI
2005 4 FEB	£145,000	£174,202	17% below HPI
2001 23 FEB	£75,000	£93,985	20% below HPI
2000 29 SEP	£73,000	£85,958	15% below HPI

6 CEDAR DRIVE 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 five 6 CEDAR DRIVE sales between September 2000 and October 2018 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 CEDAR DRIVE?

6 CEDAR DRIVE is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 6 CEDAR DRIVE lies on this distribution: 15% of detached houses are smaller than 6 CEDAR DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

6 CEDAR DRIVE: Plot and Title Map

6 CEDAR DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 6 CEDAR DRIVE, 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 6 CEDAR DRIVE). 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 6 CEDAR DRIVE?

6 CEDAR DRIVE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 6 on CEDAR DRIVE.