HIDEAWAY, ROMAN BANK, HOLBEACH CLOUGH, SPALDING, PE12 8DJ - £118,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIDEAWAY is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £118,000 in March 2021, which was around 53% below the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

HIDEAWAY Sold Prices

Land registry data shows three sales for HIDEAWAY 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 HIDEAWAY 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 19 MAR	£118,000	£249,109	53% below HPI
2014 28 FEB	£96,000	£174,564	45% below HPI
2005 11 NOV	£106,000	£173,469	39% below HPI

HIDEAWAY 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 HIDEAWAY sales between November 2005 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 February 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is HIDEAWAY?

HIDEAWAY is 77m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Holbeach Clough, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach Clough, and where HIDEAWAY lies on this distribution: 19% of detached houses are smaller than HIDEAWAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Holbeach Clough.

HIDEAWAY: Plot and Title Map

HIDEAWAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of HIDEAWAY, 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 HIDEAWAY). 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 HIDEAWAY?

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