15, SORREL DRIVE, SPALDING, PE11 3GN - £285,000

15 SORREL DRIVE is a large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £285,000 in March 2021, which was around 14% above the average March 2021 detached price in the South Holland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

15 SORREL DRIVE Sold Prices

Land registry data shows four sales for 15 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 15 SORREL DRIVE sales were for above 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
2021 26 MAR	£285,000	£249,109	14% above HPI
2012 27 JUL	£186,000	£171,284	9% above HPI
2003 24 JAN	£169,500	£127,340	33% above HPI
2000 2 MAY	£95,950	£78,776	22% above HPI

15 SORREL 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 four 15 SORREL DRIVE sales between May 2000 and March 2021 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 July 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 15 SORREL DRIVE?

15 SORREL DRIVE is 141m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 15 SORREL DRIVE lies on this distribution: 78% of detached houses are smaller than 15 SORREL DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 SORREL DRIVE: Plot and Title Map

15 SORREL DRIVE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 15 SORREL 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 15 SORREL 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 15 SORREL DRIVE?

15 SORREL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 15 on SORREL DRIVE.