OAK TREES, BALLS LANE, HOLBEACH, SPALDING, PE12 8QU - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAK TREES is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £175,000 in September 2012, which was around 3% above the average September 2012 detached price in the South Holland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

OAK TREES Sold Prices

Land registry data shows two sales for OAK TREES 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. Both of the two OAK TREES 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
2012 26 SEP	£175,000	£170,399	3% above HPI
2010 16 SEP	£185,000	£173,239	7% above HPI

OAK TREES 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 OAK TREES sales from September 2010 and September 2012 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 September 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2012 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is OAK TREES?

OAK TREES is 118m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where OAK TREES lies on this distribution: 50% of detached houses are smaller than OAK TREES, and 50% of houses are larger. Note that EPC data is not available for all properties in Fleet.

OAK TREES: Plot and Title Map

OAK TREES sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of OAK TREES, 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 OAK TREES). 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 OAK TREES?

OAK TREES is located on BALLS LANE in HOLBEACH, in the PE12 postcode district. The below map shows the position of OAK TREES on BALLS LANE.