SPRING VILLA, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £135,000

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.

SPRING VILLA is a small detached house of 99m², built sometime before 1900, which could now be worth an estimated £230,365. It was last sold for £135,000 in June 2013, which was around 17% below the average June 2013 detached price in the South Holland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

SPRING VILLA Sold Prices

Land registry data shows two sales for SPRING VILLA 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 SPRING VILLA 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
2013 21 JUN	£135,000	£163,020	17% below HPI
2011 16 SEP	£66,500	£170,314	61% below HPI

SPRING VILLA 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 SPRING VILLA sales from September 2011 and June 2013 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 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the June 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might SPRING VILLA be worth now?

SPRING VILLA might now be worth an estimated £230,365.

This is based on house price inflation of 70.6%, between June 2013 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 70.6% inflationary increase is applied to the most recent sale price for SPRING VILLA of £135,000 on 21st June 2013. For the value to have increased from £135,000 to £230,365 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of SPRING VILLA has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING VILLA has not materially changed since June 2013.

How Large is SPRING VILLA?

SPRING VILLA is 99m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses houses in Holbeach Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach Bank, and where SPRING VILLA lies on this distribution: 28% of detached houses houses are smaller than SPRING VILLA, and 70% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

SPRING VILLA: Plot and Title Map

SPRING VILLA sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of SPRING VILLA, 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 SPRING VILLA). 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 SPRING VILLA?

SPRING VILLA is located on ROMAN BANK in HOLBEACH BANK, in the PE12 postcode district. The below map shows the position of SPRING VILLA on ROMAN BANK.