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

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

MERIDIAN HOUSE is a very large detached house of 223m², built sometime between 1996 and 2002. It was last sold for £475,000 in April 2022, which was around 68% 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	£282,251	68% above HPI
2002 16 JAN	£40,000	£100,024	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 68% above the HPI. The line then continues to track at 68% above the HPI.

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 in Holbeach Clough, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach Clough, and where MERIDIAN HOUSE lies on this distribution: 88% of detached houses are smaller than MERIDIAN HOUSE, and 12% 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.