12, VICARAGE CLOSE, COWBIT, SPALDING, PE12 6XW - £342,000

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.

12 VICARAGE CLOSE is a midsized detached house of 129m², built in 2021, which could now be worth an estimated £353,057. It was last sold for £342,000 in November 2021, which was around 28% above the average November 2021 detached price in the South Holland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

12 VICARAGE CLOSE Sold Prices

Land registry data shows two sales for 12 VICARAGE CLOSE 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 12 VICARAGE CLOSE sales was for above the average price, whilst the other was 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
2021 15 NOV	£342,000	£267,601	28% above HPI
2019 26 JUN	£76,000	£235,107	68% below HPI

12 VICARAGE 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 two 12 VICARAGE CLOSE sales from June 2019 and November 2021 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 June 2019 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the November 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 12 VICARAGE CLOSE be worth now?

12 VICARAGE CLOSE might now be worth an estimated £353,057.

This is based on house price inflation of 3.2%, between November 2021 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 3.2% inflationary increase is applied to the most recent sale price for 12 VICARAGE CLOSE of £342,000 on 15th November 2021. For the value to have increased from £342,000 to £353,057 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 12 VICARAGE CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2021 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 12 VICARAGE CLOSE has not materially changed since November 2021.

How Large is 12 VICARAGE CLOSE?

12 VICARAGE CLOSE is 129m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowbit, and where 12 VICARAGE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 12 VICARAGE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

12 VICARAGE CLOSE: Plot and Title Map

12 VICARAGE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12 VICARAGE 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 12 VICARAGE 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 12 VICARAGE CLOSE?

12 VICARAGE CLOSE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 12 on VICARAGE CLOSE.