CORNERWAYS, WELBOURNE LANE NORTH, HOLBEACH, SPALDING, PE12 8AE - £178,000

CORNERWAYS is a very large extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £178,000 in May 2015, which was around 5% below the average May 2015 detached price in the South Holland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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. Both of the two CORNERWAYS 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
2015 8 MAY	£178,000	£188,202	5% below HPI
1996 31 MAY	£50,000	£54,316	8% below HPI

CORNERWAYS 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 CORNERWAYS sales from May 1996 and May 2015 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 May 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 159m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where CORNERWAYS lies on this distribution: 91% of detached houses are smaller than CORNERWAYS, and 9% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on WELBOURNE LANE NORTH in HOLBEACH, in the PE12 postcode district. The below map shows the position of CORNERWAYS on WELBOURNE LANE NORTH.