CROSSWAYS BUNGALOW, CLOUGH ROAD, HOLBEACH BANK, SPALDING, PE12 8BW - £187,000

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.

CROSSWAYS BUNGALOW is a small extended detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £247,652. It was last sold for £187,000 in April 2016, which was around 11% below the average April 2016 detached price in the South Holland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was B.

CROSSWAYS BUNGALOW Sold Prices

Land registry data shows three sales for CROSSWAYS BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three CROSSWAYS BUNGALOW 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
2016 7 APR	£187,000	£210,050	11% below HPI
2014 3 SEP	£164,000	£183,072	10% below HPI
2007 14 DEC	£192,500	£194,297	1% below HPI

CROSSWAYS BUNGALOW 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 three CROSSWAYS BUNGALOW sales between December 2007 and April 2016 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 September 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might CROSSWAYS BUNGALOW be worth now?

CROSSWAYS BUNGALOW might now be worth an estimated £247,652.

This is based on house price inflation of 32.4%, between April 2016 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 32.4% inflationary increase is applied to the most recent sale price for CROSSWAYS BUNGALOW of £187,000 on 7th April 2016. For the value to have increased from £187,000 to £247,652 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of CROSSWAYS BUNGALOW has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2016 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of CROSSWAYS BUNGALOW has not materially changed since April 2016.

How Large is CROSSWAYS BUNGALOW?

CROSSWAYS BUNGALOW is 100m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% 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 CROSSWAYS BUNGALOW lies on this distribution: 32% of detached houses houses are smaller than CROSSWAYS BUNGALOW, and 66% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

CROSSWAYS BUNGALOW: Plot and Title Map

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

CROSSWAYS BUNGALOW is located on CLOUGH ROAD in HOLBEACH BANK, in the PE12 postcode district. The below map shows the position of CROSSWAYS BUNGALOW on CLOUGH ROAD.