ANDROMEDA, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £203,000

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.

ANDROMEDA is a large detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £314,713. It was last sold for £203,000 in July 2014, which was around 13% above the average July 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

ANDROMEDA Sold Prices

Land registry data shows two sales for ANDROMEDA 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 ANDROMEDA 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
2014 4 JUL	£203,000	£179,434	13% above HPI
2002 25 MAR	£115,000	£99,727	15% above HPI

ANDROMEDA 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 ANDROMEDA sales from March 2002 and July 2014 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might ANDROMEDA be worth now?

ANDROMEDA might now be worth an estimated £314,713.

This is based on house price inflation of 55%, between July 2014 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 55% inflationary increase is applied to the most recent sale price for ANDROMEDA of £203,000 on 4th July 2014. For the value to have increased from £203,000 to £314,713 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of ANDROMEDA has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2014 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of ANDROMEDA has not materially changed since July 2014.

How Large is ANDROMEDA?

ANDROMEDA is 130m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses houses in Holbeach Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach Bank, and where ANDROMEDA lies on this distribution: 70% of detached houses houses are smaller than ANDROMEDA, and 30% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

ANDROMEDA: Plot and Title Map

ANDROMEDA sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of ANDROMEDA, 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 ANDROMEDA). 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 ANDROMEDA?

ANDROMEDA is located on ROMAN BANK in HOLBEACH BANK, in the PE12 postcode district. The below map shows the position of ANDROMEDA on ROMAN BANK.