1, SPRUCE CLOSE, HOLBEACH, SPALDING, PE12 7JT - £160,000

1 SPRUCE CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £160,000 in April 2016, which was around 24% below the average April 2016 detached price in the South Holland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

1 SPRUCE CLOSE Sold Prices

Land registry data shows three sales for 1 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 1 SPRUCE CLOSE 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 20 APR	£160,000	£211,084	24% below HPI
2006 20 DEC	£156,500	£186,575	16% below HPI
2000 15 SEP	£79,000	£85,958	8% below HPI

1 SPRUCE CLOSE 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 three 1 SPRUCE CLOSE sales between September 2000 and April 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 December 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 SPRUCE CLOSE?

1 SPRUCE CLOSE is 73m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 1 SPRUCE CLOSE lies on this distribution: 13% of detached houses are smaller than 1 SPRUCE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

1 SPRUCE CLOSE: Plot and Title Map

1 SPRUCE CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 SPRUCE CLOSE, 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 1 SPRUCE CLOSE). 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 1 SPRUCE CLOSE?

1 SPRUCE CLOSE is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 1 on SPRUCE CLOSE.