8, BALMORAL WAY, HOLBEACH, SPALDING, PE12 7RP - £212,500

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

8 BALMORAL WAY is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £212,500 in January 2020, which was around 10% below the average January 2020 detached price in the South Holland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

8 BALMORAL WAY Sold Prices

Land registry data shows five sales for 8 BALMORAL WAY 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. Most of the five 8 BALMORAL WAY sales were 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
2020 28 JAN	£212,500	£236,386	10% below HPI
2005 28 OCT	£190,000	£171,637	11% above HPI
2003 23 APR	£167,950	£133,693	26% above HPI
2002 13 JUN	£122,995	£109,273	13% above HPI
2000 31 OCT	£96,950	£87,647	11% above HPI

8 BALMORAL WAY 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 8 BALMORAL WAY sales between October 2000 and January 2020 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 October 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 BALMORAL WAY?

8 BALMORAL WAY is 90m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 8 BALMORAL WAY lies on this distribution: 35% of detached houses are smaller than 8 BALMORAL WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

8 BALMORAL WAY: Plot and Title Map

8 BALMORAL WAY sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 8 BALMORAL WAY, 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 8 BALMORAL WAY). 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 8 BALMORAL WAY?

8 BALMORAL WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 8 on BALMORAL WAY.