THREE GABLES, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £203,000

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

THREE GABLES is a large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £203,000 in March 2023, which was around 30% below the average March 2023 detached price in the South Holland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was F, and the potential energy rating was D.

THREE GABLES Sold Prices

Land registry data shows two sales for THREE GABLES 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. One of the two THREE GABLES sales was for below the average price, whilst the other was 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
2023 31 MAR	£203,000	£291,946	30% below HPI
1998 10 DEC	£74,000	£65,082	14% above HPI

THREE GABLES 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 THREE GABLES sales from December 1998 and March 2023 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 December 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THREE GABLES?

THREE GABLES is 132m² according to the EPC inspection conducted in August 2022. This puts it in the largest 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 THREE GABLES lies on this distribution: 72% of detached houses are smaller than THREE GABLES, and 28% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

THREE GABLES: Plot and Title Map

THREE GABLES sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of THREE GABLES, 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 THREE GABLES). 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 THREE GABLES?

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