SPRINGFIELD HOUSE, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £160,000

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.

SPRINGFIELD HOUSE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £188,646. It was last sold for £160,000 in December 2019, which was around 32% below the average December 2019 detached price in the South Holland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

SPRINGFIELD HOUSE Sold Prices

Land registry data shows two sales for SPRINGFIELD 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. Both of the two SPRINGFIELD HOUSE 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
2019 19 DEC	£160,000	£235,937	32% below HPI
1998 6 AUG	£60,000	£62,869	5% below HPI

SPRINGFIELD 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 SPRINGFIELD HOUSE sales from August 1998 and December 2019 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 August 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might SPRINGFIELD HOUSE be worth now?

SPRINGFIELD HOUSE might now be worth an estimated £188,646.

This is based on house price inflation of 17.9%, between December 2019 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 17.9% inflationary increase is applied to the most recent sale price for SPRINGFIELD HOUSE of £160,000 on 19th December 2019. For the value to have increased from £160,000 to £188,646 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD HOUSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD HOUSE has not materially changed since December 2019.

How Large is SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is 113m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 SPRINGFIELD HOUSE lies on this distribution: 55% of detached houses houses are smaller than SPRINGFIELD HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

SPRINGFIELD HOUSE: Plot and Title Map

SPRINGFIELD HOUSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD HOUSE?

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