4, GRIMWOOD CLOSE, FLEET, SPALDING, PE12 8PA - £145,250

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.

4 GRIMWOOD CLOSE is a very small semi-detached house of 61m², which could now be worth an estimated £177,204. It was last sold for £145,250 in August 2019, which was around 7% below the average August 2019 semi-detached price in the South Holland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

4 GRIMWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 GRIMWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. Both of the two 4 GRIMWOOD 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
2019 16 AUG	£145,250	£156,582	7% below HPI
2018 15 MAR	£140,000	£151,711	8% below HPI

4 GRIMWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The two 4 GRIMWOOD CLOSE sales from March 2018 and August 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 March 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 GRIMWOOD CLOSE be worth now?

4 GRIMWOOD CLOSE might now be worth an estimated £177,204.

This is based on house price inflation of 22%, between August 2019 and February 2025, for semi-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 22% inflationary increase is applied to the most recent sale price for 4 GRIMWOOD CLOSE of £145,250 on 16th August 2019. For the value to have increased from £145,250 to £177,204 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 GRIMWOOD CLOSE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The August 2019 sale price of £145,250 represented a fair market value for the property.
• The size, condition, and specification of 4 GRIMWOOD CLOSE has not materially changed since August 2019.

How Large is 4 GRIMWOOD CLOSE?

4 GRIMWOOD CLOSE is 61m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Holbeach, and where 4 GRIMWOOD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 4 GRIMWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

4 GRIMWOOD CLOSE: Plot and Title Map

4 GRIMWOOD CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 4 GRIMWOOD 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 4 GRIMWOOD 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 4 GRIMWOOD CLOSE?

4 GRIMWOOD CLOSE is located in FLEET, in the PE12 postcode district. The below map shows the position of No. 4 on GRIMWOOD CLOSE.