9, COLES CLOSE, HOLBEACH, SPALDING, PE12 7QT - £197,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 COLES CLOSE is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £227,855. It was last sold for £197,500 in March 2021, which was around 20% below the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

9 COLES CLOSE Sold Prices

Land registry data shows two sales for 9 COLES 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. One of the two 9 COLES CLOSE 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
2021 1 MAR	£197,500	£247,889	20% below HPI
1997 16 DEC	£70,500	£61,347	15% above HPI

9 COLES 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 9 COLES CLOSE sales from December 1997 and March 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 December 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 COLES CLOSE be worth now?

9 COLES CLOSE might now be worth an estimated £227,855.

This is based on house price inflation of 15.4%, between March 2021 and December 2024, 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 15.4% inflationary increase is applied to the most recent sale price for 9 COLES CLOSE of £197,500 on 1st March 2021. For the value to have increased from £197,500 to £227,855 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 9 COLES CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2021 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 9 COLES CLOSE has not materially changed since March 2021.

How Large is 9 COLES CLOSE?

9 COLES CLOSE is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 9 COLES CLOSE lies on this distribution: 26% of detached houses houses are smaller than 9 COLES CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

9 COLES CLOSE: Plot and Title Map

9 COLES CLOSE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 9 COLES 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 9 COLES 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 9 COLES CLOSE?

9 COLES CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 9 on COLES CLOSE.