1, WELBECK DRIVE, SPALDING, PE11 1PD - £190,000

1 WELBECK DRIVE is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £190,000 in December 2020, which was around 22% below the average December 2020 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 WELBECK DRIVE Sold Prices

Land registry data shows two sales for 1 WELBECK DRIVE 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 1 WELBECK DRIVE 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
2020 11 DEC	£190,000	£242,565	22% below HPI
1996 29 MAY	£52,000	£54,316	4% below HPI

1 WELBECK DRIVE 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 1 WELBECK DRIVE sales from May 1996 and December 2020 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 WELBECK DRIVE?

1 WELBECK DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1 WELBECK DRIVE lies on this distribution: 32% of detached houses are smaller than 1 WELBECK DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 WELBECK DRIVE: Plot and Title Map

1 WELBECK DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 WELBECK DRIVE, 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 1 WELBECK DRIVE). 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 1 WELBECK DRIVE?

1 WELBECK DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on WELBECK DRIVE.