TONAN COTTAGE, ROMAN BANK, HOLBEACH BANK, SPALDING, PE12 8BX - £90,000

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

TONAN COTTAGE is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £90,000 in November 2019, which was around 62% below the average November 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was C.

TONAN COTTAGE Sold Prices

Land registry data shows two sales for TONAN COTTAGE 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 TONAN COTTAGE 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 22 NOV	£90,000	£235,577	62% below HPI
2018 3 AUG	£115,000	£237,008	51% below HPI

TONAN COTTAGE 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 TONAN COTTAGE sales from August 2018 and November 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 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2019 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is TONAN COTTAGE?

TONAN COTTAGE is 80m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 TONAN COTTAGE lies on this distribution: 7% of detached houses are smaller than TONAN COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

TONAN COTTAGE: Plot and Title Map

TONAN COTTAGE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of TONAN COTTAGE, 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 TONAN COTTAGE). 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 TONAN COTTAGE?

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