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PE12

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New builds in PE12: what they really sell for.

30 new-build homes sold in PE12 in the last 12 months, 5% of all sales. New detached homes sold for a median £296,500, 4.0% more than existing ones.

Spalding, covering Crowland and Deeping St Nicholas, Five Village, Fleet, Gedney, Holbeach Hurn, Holbeach Town, Long Sutton, Moulton, Weston and Cowbit.

New homes sold

30

5% of sales, last 12 months

New-build premium

+4.0%

Detached homes

Resold, vs market

+12.3%

Market +16.7%

Energy bills

~£562/yr

23% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Viola Street, HolbeachPE12 7FY · detached, semi-detached · 3 sold · latest Feb 2026
£240k–£340k£2,824/m²
Mahogany Close, HolbeachPE12 8FF · detached, semi-detached · 8 sold · latest Nov 2025
£242k–£282k£2,798/m²
Barnwell Street, HolbeachPE12 7FS · detached, semi-detached, terraced · 13 sold · latest Nov 2025
£168k–£325k£2,501/m²
Clarence Close, HolbeachPE12 7FN · semi-detached, terraced · 17 sold · latest Oct 2025
£95k–£220k£2,196/m²
Housley Street, WestonPE12 6WR · detached, semi-detached · 8 sold · latest Oct 2025
£208k–£359k£2,819/m²
Sycamore Close, HolbeachPE12 7GH · detached · 3 sold · latest Oct 2025
£247k–£295k£2,757/m²
Carmine Way, Fleet HargatePE12 8LP · detached, semi-detached · 4 sold · latest Oct 2025
£199k–£295k£2,832/m²
Elm Drive, HolbeachPE12 7GG · detached, semi-detached · 12 sold · latest Oct 2025
£180k–£287k£2,642/m²
Halifax Road, Moulton ChapelPE12 0FR · detached · 4 sold · latest Sept 2025
£280k–£350k£3,282/m²
St Leonards Road, WhaplodePE12 6UZ · detached · 7 sold · latest Sept 2025
£330k–£400k£3,548/m²
Walter Dring Way, WestonPE12 6SQ · detached, semi-detached, terraced · 18 sold · latest Sept 2025
£163k–£322k£2,938/m²
Reinhard Close, WestonPE12 6GX · detached, terraced · 8 sold · latest Sept 2025
£185k–£298k£2,894/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+4.0%

New £297k · existing £285k

110 new-build sales

Semi-detached

+16.5%

New £218k · existing £188k

68 new-build sales

Terraced

+34.0%

New £190k · existing £142k

15 new-build sales

Resale

Do new builds in PE12 hold their value?

Bought new, resold

+12.3%

Local market, same years

+16.7%

Kept pace

48 of 150

Typically held 3.9 years

Homes in PE12 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£562/yr

Typical 89 m² home

Typical rating

EPC B

Solar panels

23%

of homes

Heat pumps

0%

of homes

From the energy certificates of 77 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in PE12?

Over the last two years, new detached homes in PE12 sold for a median £296,500 against £285,000 for existing ones, a difference of +4.0%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in PE12 hold their value?

150 homes in PE12 bought new and later resold changed by a median +12.3%, typically after 3.9 years. The local market moved +16.7% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in PE12?

Recent new-build sales recorded by Land Registry in PE12 include Viola Street, Holbeach, Mahogany Close, Holbeach, Barnwell Street, Holbeach, Clarence Close, Holbeach, Housley Street, Weston. New streets appear once the first homes complete.

How do I know if a new build in PE12 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers