HOLMEWOOD, PENNYHILL, HOLBEACH, SPALDING, PE12 8DN - £245,000

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.

HOLMEWOOD is a very large extended detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £401,615. It was last sold for £245,000 in January 2013, which was around 44% above the average January 2013 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

HOLMEWOOD Sold Prices

Land registry data shows two sales for HOLMEWOOD 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 HOLMEWOOD sales was for above the average price, whilst the other was 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
2013 18 JAN	£245,000	£169,699	44% above HPI
2004 16 JUN	£115,000	£154,648	26% below HPI

HOLMEWOOD 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 HOLMEWOOD sales from June 2004 and January 2013 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 June 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2013 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might HOLMEWOOD be worth now?

HOLMEWOOD might now be worth an estimated £401,615.

This is based on house price inflation of 63.9%, between January 2013 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 63.9% inflationary increase is applied to the most recent sale price for HOLMEWOOD of £245,000 on 18th January 2013. For the value to have increased from £245,000 to £401,615 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOLMEWOOD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of HOLMEWOOD has not materially changed since January 2013.

How Large is HOLMEWOOD?

HOLMEWOOD is 181m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% 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 HOLMEWOOD lies on this distribution: 94% of detached houses houses are smaller than HOLMEWOOD, and 6% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

HOLMEWOOD: Plot and Title Map

HOLMEWOOD sits on a plot of roughly 0.368 of an acre, or 1,491m². The below map shows the location of HOLMEWOOD, 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 HOLMEWOOD). 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 HOLMEWOOD?

HOLMEWOOD is located on PENNYHILL in HOLBEACH, in the PE12 postcode district. The below map shows the position of HOLMEWOOD on PENNYHILL.