LAMBLEYS MILL COTTAGE, NORTHONS LANE, HOLBEACH, SPALDING, PE12 7PZ - £375,000

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.

LAMBLEYS MILL COTTAGE is a very large extended detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £381,832. It was last sold for £375,000 in February 2022, which was around 37% above the average February 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

LAMBLEYS MILL COTTAGE Sold Prices

Land registry data shows three sales for LAMBLEYS MILL COTTAGE 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. Two of the three LAMBLEYS MILL COTTAGE sales were for above the average price, whilst one 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
2022 21 FEB	£375,000	£273,201	37% above HPI
2003 9 JAN	£85,500	£126,717	33% below HPI
1998 9 OCT	£95,000	£64,938	46% above HPI

LAMBLEYS MILL 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 three LAMBLEYS MILL COTTAGE sales between October 1998 and February 2022 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 January 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might LAMBLEYS MILL COTTAGE be worth now?

LAMBLEYS MILL COTTAGE might now be worth an estimated £381,832.

This is based on house price inflation of 1.8%, between February 2022 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 1.8% inflationary increase is applied to the most recent sale price for LAMBLEYS MILL COTTAGE of £375,000 on 21st February 2022. For the value to have increased from £375,000 to £381,832 over the three years to February 2025, the following assumptions must hold true:

• The value of LAMBLEYS MILL COTTAGE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of LAMBLEYS MILL COTTAGE has not materially changed since February 2022.

How Large is LAMBLEYS MILL COTTAGE?

LAMBLEYS MILL COTTAGE is 141m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% 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 LAMBLEYS MILL COTTAGE lies on this distribution: 86% of detached houses houses are smaller than LAMBLEYS MILL COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

LAMBLEYS MILL COTTAGE: Plot and Title Map

LAMBLEYS MILL COTTAGE sits on a plot of roughly 0.282 of an acre, or 1,143m². The below map shows the location of LAMBLEYS MILL 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 LAMBLEYS MILL 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 LAMBLEYS MILL COTTAGE?

LAMBLEYS MILL COTTAGE is located on NORTHONS LANE in HOLBEACH, in the PE12 postcode district. The below map shows the position of LAMBLEYS MILL COTTAGE on NORTHONS LANE.