SETAM, HOLBEACH DROVE, SPALDING, PE12 0PX - £129,950

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.

SETAM is a small extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £239,797. It was last sold for £129,950 in December 2003, which was around 14% below the average December 2003 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

SETAM Sold Prices

Land registry data shows two sales for SETAM 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 SETAM sales were 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
2003 5 DEC	£129,950	£150,749	14% below HPI
2000 22 SEP	£64,000	£85,537	25% below HPI

SETAM 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 SETAM sales from September 2000 and December 2003 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 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2003 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might SETAM be worth now?

SETAM might now be worth an estimated £239,797.

This is based on house price inflation of 84.5%, between December 2003 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 84.5% inflationary increase is applied to the most recent sale price for SETAM of £129,950 on 5th December 2003. For the value to have increased from £129,950 to £239,797 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of SETAM has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2003 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of SETAM has not materially changed since December 2003.

How Large is SETAM?

SETAM is 111m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Holbeach Drove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach Drove, and where SETAM lies on this distribution: 31% of detached houses houses are smaller than SETAM, and 69% of houses are larger. Note that EPC data is not available for all properties in Holbeach Drove.

SETAM: Plot and Title Map

SETAM sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of SETAM, 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 SETAM). 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 SETAM?

SETAM is located in HOLBEACH DROVE, in the PE12 postcode district. The below map shows the position of SETAM in HOLBEACH DROVE.