1, STAR LANE, HOLBEACH BANK, SPALDING, PE12 8BQ - £245,000

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.

1 STAR LANE is a midsized detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £290,346. It was last sold for £245,000 in September 2019, which was around 5% above the average September 2019 detached price in the South Holland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

1 STAR LANE Sold Prices

Land registry data shows three sales for 1 STAR LANE 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 STAR LANE sales were 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
2019 20 SEP	£245,000	£233,108	5% above HPI
2017 24 NOV	£232,000	£226,301	3% above HPI
2002 7 MAR	£118,000	£99,727	18% above HPI

1 STAR LANE 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 STAR LANE sales between March 2002 and September 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 November 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 STAR LANE be worth now?

1 STAR LANE might now be worth an estimated £290,346.

This is based on house price inflation of 18.5%, between September 2019 and March 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 18.5% inflationary increase is applied to the most recent sale price for 1 STAR LANE of £245,000 on 20th September 2019. For the value to have increased from £245,000 to £290,346 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 1 STAR LANE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STAR LANE has not materially changed since September 2019.

How Large is 1 STAR LANE?

1 STAR LANE is 106m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 1 STAR LANE lies on this distribution: 40% of detached houses houses are smaller than 1 STAR LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

1 STAR LANE: Plot and Title Map

1 STAR LANE sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of 1 STAR LANE, 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 STAR LANE). 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 STAR LANE?

1 STAR LANE is located in HOLBEACH BANK, in the PE12 postcode district. The below map shows the position of No. 1 on STAR LANE.