TEAL HOUSE, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £158,000

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

TEAL HOUSE is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £158,000 in March 2016, which was around 23% below the average March 2016 detached price in the South Holland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

TEAL HOUSE Sold Prices

Land registry data shows four sales for TEAL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four TEAL 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
2016 24 MAR	£158,000	£206,362	23% below HPI
2012 15 FEB	£130,000	£161,055	19% below HPI
2009 17 JUN	£125,000	£147,489	15% below HPI
2002 12 APR	£79,500	£103,480	23% below HPI

TEAL 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 four TEAL HOUSE sales between April 2002 and March 2016 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 February 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is TEAL HOUSE?

TEAL HOUSE is 97m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Holbeach Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach Bank, and where TEAL HOUSE lies on this distribution: 22% of detached houses are smaller than TEAL HOUSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

TEAL HOUSE: Plot and Title Map

TEAL HOUSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of TEAL 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 TEAL 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 TEAL HOUSE?

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