Flat 1, Merchant Mews Park Road, Holbeach, Spalding, PE12 7EE is a leasehold flat built between 1996-2002. The property offers approximately 409 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £78,351 , which equates to approximately £192 per square foot. It was last sold on 25 Jun 2004 for £55,000. Since then, the value has increased by £23,351, representing a 42.5% increase, or approximately 2.0% per year.

The current estimated value of £78,351 is:

  • 62.2% lower than the average property price on Park Road
  • 59.3% lower than the average in the PE12 7EE postcode area
  • and 67.7% lower than the average price for Spalding as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 August 2021, the property was recorded as rented.

View sold house prices in PE12 7EE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£78,351
Price Per sq ft (estimate)
£192
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, Merchant Mews Park Road, Holbeach, Spalding, South Holland, Lincolnshire, PE12 7EE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Aug 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Nov 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.8%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to PE12 7EE

26 th / 31
Price Rank
59% lower than average
16 th / 19
Size Rank
57% smaller than average
7 th / 19
Price Per Sq FT Rank
5% lower than average

Compared to other properties in PE12 7EE , this flat's estimated value ranks 26th out of 31. Based on price per square foot, it ranks 7th out of 19 properties. In terms of size, this home ranks 16th out of 19 properties in its postcode area.

Sale History

Today
£78,351
streetscan.co.uk estimate
+42 %
25 Jun 2004
£55,000
Leasehold
+54.9 %
11 Jul 2003
£35,500
Leasehold
+86.8 %
19 Dec 2000
£19,000
Leasehold
-29.6 %
30 Mar 1999
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 388 sq ft
sale price: £39,500
sale date: 12 Feb 2003

Data Sources

The property at Flat 1, Merchant Mews Park Road, Holbeach, Spalding, PE12 7EE appears four times in the Land Registry records, with the latest transaction recorded on 25 Jun 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Aug 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.