HOLLYHOCK COTTAGE, MAIN ROAD, HOLBEACH DROVE, SPALDING, PE12 0SB - £211,500

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.

HOLLYHOCK COTTAGE is a very small extended detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £301,379. It was last sold for £211,500 in September 2015, which was around 8% above the average September 2015 detached price in the South Holland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

HOLLYHOCK COTTAGE Sold Prices

Land registry data shows four sales for HOLLYHOCK COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four HOLLYHOCK COTTAGE 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
2015 4 SEP	£211,500	£195,218	8% above HPI
2007 20 JUL	£221,053	£193,446	14% above HPI
1999 15 DEC	£86,000	£70,557	22% above HPI
1998 16 JAN	£15,000	£60,701	75% below HPI

HOLLYHOCK COTTAGE 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 four HOLLYHOCK COTTAGE sales between January 1998 and September 2015 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 July 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HOLLYHOCK COTTAGE be worth now?

HOLLYHOCK COTTAGE might now be worth an estimated £301,379.

This is based on house price inflation of 42.5%, between September 2015 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 42.5% inflationary increase is applied to the most recent sale price for HOLLYHOCK COTTAGE of £211,500 on 4th September 2015. For the value to have increased from £211,500 to £301,379 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of HOLLYHOCK COTTAGE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2015 sale price of £211,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLYHOCK COTTAGE has not materially changed since September 2015.

How Large is HOLLYHOCK COTTAGE?

HOLLYHOCK COTTAGE is 64m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses houses in Holbeach Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach Drove, and where HOLLYHOCK COTTAGE lies on this distribution: 4% of detached houses houses are smaller than HOLLYHOCK COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Holbeach Drove.

HOLLYHOCK COTTAGE: Plot and Title Map

HOLLYHOCK COTTAGE sits on a plot of roughly 1.8 acres, or 7,401m². The below map shows the location of HOLLYHOCK COTTAGE, 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 HOLLYHOCK COTTAGE). 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 HOLLYHOCK COTTAGE?

HOLLYHOCK COTTAGE is located on MAIN ROAD in HOLBEACH DROVE, in the PE12 postcode district. The below map shows the position of HOLLYHOCK COTTAGE on MAIN ROAD.