12, BALMORAL WAY, HOLBEACH, SPALDING, PE12 7RP - £240,000

12 BALMORAL WAY is a small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2020, which was around 1% below the average October 2020 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 BALMORAL WAY Sold Prices

Land registry data shows five sales for 12 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five 12 BALMORAL WAY 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
2020 6 OCT	£240,000	£241,697	1% below HPI
2018 19 APR	£247,500	£227,207	9% above HPI
2016 7 SEP	£229,000	£210,317	9% above HPI
2007 9 MAY	£183,000	£195,752	7% below HPI
2000 2 NOV	£92,950	£84,898	9% above HPI

12 BALMORAL WAY 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 five 12 BALMORAL WAY sales between November 2000 and October 2020 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 April 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 BALMORAL WAY?

12 BALMORAL WAY is 81m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where 12 BALMORAL WAY lies on this distribution: 23% of detached houses are smaller than 12 BALMORAL WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

12 BALMORAL WAY: Plot and Title Map

12 BALMORAL WAY sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 12 BALMORAL WAY, 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 12 BALMORAL WAY). 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 12 BALMORAL WAY?

12 BALMORAL WAY is located in HOLBEACH, in the PE12 postcode district. The below map shows the position of No. 12 on BALMORAL WAY.