12, WELBECK DRIVE, SPALDING, PE11 1PD - £169,000

12 WELBECK DRIVE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £169,000 in May 2016, which was around 20% below the average May 2016 detached price in the South Holland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

12 WELBECK DRIVE Sold Prices

Land registry data shows three sales for 12 WELBECK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 12 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
2016 20 MAY	£169,000	£212,166	20% below HPI
2002 15 MAR	£94,950	£100,218	5% below HPI
1998 4 DEC	£59,999	£65,082	8% below HPI

12 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 three 12 WELBECK DRIVE sales between December 1998 and May 2016 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 WELBECK DRIVE?

12 WELBECK DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 12 WELBECK DRIVE lies on this distribution: 30% of detached houses are smaller than 12 WELBECK DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 WELBECK DRIVE: Plot and Title Map

12 WELBECK DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 12 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 12 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 12 WELBECK DRIVE?

12 WELBECK DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 12 on WELBECK DRIVE.