8, WELBY GARDENS, HOLBEACH, SPALDING, PE12 7JY - £280,000

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 WELBY GARDENS is a midsized detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £260,542. It was last sold for £280,000 in December 2022, which was around 6% below the average December 2022 detached price in the South Holland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 WELBY GARDENS Sold Prices

Land registry data shows two sales for 8 WELBY GARDENS 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. One of the two 8 WELBY GARDENS sales was for below the average price, whilst the other was 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
2022 1 DEC	£280,000	£298,953	6% below HPI
1998 20 APR	£68,000	£60,813	12% above HPI

8 WELBY GARDENS 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 WELBY GARDENS sales from April 1998 and December 2022 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 April 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 WELBY GARDENS be worth now?

8 WELBY GARDENS might now be worth an estimated £260,542.

This is based on house price deflation of 6.9%, between December 2022 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 6.9% deflationary decrease is applied to the most recent sale price for 8 WELBY GARDENS of £280,000 on 1st December 2022. For the value to have decreased from £280,000 to £260,542 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 WELBY GARDENS has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELBY GARDENS has not materially changed since December 2022.

How Large is 8 WELBY GARDENS?

8 WELBY GARDENS is 94m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 WELBY GARDENS lies on this distribution: 41% of detached houses houses are smaller than 8 WELBY GARDENS, and 58% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

8 WELBY GARDENS: Plot and Title Map

8 WELBY GARDENS sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 8 WELBY GARDENS, 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 WELBY GARDENS). 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 WELBY GARDENS?

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