8, GREBE CLOSE, SUTTON BRIDGE, SPALDING, PE12 9RY - £246,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 GREBE CLOSE is a large detached house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £350,540. It was last sold for £246,000 in September 2015, which was around 26% above the average September 2015 detached price in the South Holland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

8 GREBE CLOSE Sold Prices

Land registry data shows two sales for 8 GREBE CLOSE 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 8 GREBE CLOSE 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
2015 23 SEP	£246,000	£195,218	26% above HPI
2004 1 OCT	£239,950	£158,080	52% above HPI

8 GREBE 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 two 8 GREBE CLOSE sales from October 2004 and September 2015 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 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 8 GREBE CLOSE be worth now?

8 GREBE CLOSE might now be worth an estimated £350,540.

This is based on house price inflation of 42.5%, between September 2015 and February 2025, 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 42.5% inflationary increase is applied to the most recent sale price for 8 GREBE CLOSE of £246,000 on 23rd September 2015. For the value to have increased from £246,000 to £350,540 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 GREBE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2015 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREBE CLOSE has not materially changed since September 2015.

How Large is 8 GREBE CLOSE?

8 GREBE CLOSE is 124m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses houses in Sutton Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sutton Bridge, and where 8 GREBE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 8 GREBE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Sutton Bridge.

8 GREBE CLOSE: Plot and Title Map

8 GREBE CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 8 GREBE 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 8 GREBE 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 8 GREBE CLOSE?

8 GREBE CLOSE is located in SUTTON BRIDGE, in the PE12 postcode district. The below map shows the position of No. 8 on GREBE CLOSE.