MERIDIAN HOUSE, ROMAN BANK, HOLBEACH CLOUGH, SPALDING, PE12 8DJ - £475,000

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.

MERIDIAN HOUSE is a very large detached house of 223m², built sometime between 1996 and 2002, which could now be worth an estimated £470,451. It was last sold for £475,000 in April 2022, which was around 69% above the average April 2022 detached price in the South Holland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

MERIDIAN HOUSE Sold Prices

Land registry data shows two sales for MERIDIAN HOUSE 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 MERIDIAN HOUSE 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
2022 25 APR	£475,000	£280,868	69% above HPI
2002 16 JAN	£40,000	£99,534	60% below HPI

MERIDIAN HOUSE 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 MERIDIAN HOUSE sales from January 2002 and April 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 2002 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the April 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might MERIDIAN HOUSE be worth now?

MERIDIAN HOUSE might now be worth an estimated £470,451.

This is based on house price deflation of 1%, between April 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% deflationary decrease is applied to the most recent sale price for MERIDIAN HOUSE of £475,000 on 25th April 2022. For the value to have decreased from £475,000 to £470,451 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of MERIDIAN HOUSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of MERIDIAN HOUSE has not materially changed since April 2022.

How Large is MERIDIAN HOUSE?

MERIDIAN HOUSE is 223m² according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of detached houses houses in Holbeach Clough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach Clough, and where MERIDIAN HOUSE lies on this distribution: 89% of detached houses houses are smaller than MERIDIAN HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Holbeach Clough.

MERIDIAN HOUSE: Plot and Title Map

MERIDIAN HOUSE sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of MERIDIAN HOUSE, 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 MERIDIAN HOUSE). 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 MERIDIAN HOUSE?

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