8, UNION STREET, HOLBEACH, SPALDING, PE12 7BA - £269,500

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 UNION STREET is a midsized extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £294,939. It was last sold for £269,500 in June 2021, which was around 6% above the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

8 UNION STREET Sold Prices

Land registry data shows four sales for 8 UNION STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four 8 UNION STREET 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
2021 11 JUN	£269,500	£254,185	6% above HPI
2018 23 MAR	£219,950	£227,162	3% below HPI
2012 30 NOV	£125,000	£167,313	25% below HPI
2012 14 MAY	£138,000	£163,119	15% below HPI

8 UNION STREET 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 four 8 UNION STREET sales between May 2012 and June 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 March 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 UNION STREET be worth now?

8 UNION STREET might now be worth an estimated £294,939.

This is based on house price inflation of 9.4%, between June 2021 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 9.4% inflationary increase is applied to the most recent sale price for 8 UNION STREET of £269,500 on 11th June 2021. For the value to have increased from £269,500 to £294,939 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 UNION STREET has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2021 sale price of £269,500 represented a fair market value for the property.
• The size, condition, and specification of 8 UNION STREET has not materially changed since June 2021.

How Large is 8 UNION STREET?

8 UNION STREET is 105m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where 8 UNION STREET lies on this distribution: 58% of detached houses houses are smaller than 8 UNION STREET, and 41% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

8 UNION STREET: Plot and Title Map

8 UNION STREET sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 8 UNION STREET, 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 UNION STREET). 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 UNION STREET?

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