2, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £247,500

2 SHEARERS DRIVE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £247,500 in January 2019, which was around 5% above the average January 2019 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

2 SHEARERS DRIVE Sold Prices

Land registry data shows four sales for 2 SHEARERS 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 2 SHEARERS 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
2019 4 JAN	£247,500	£236,100	5% above HPI
2008 11 DEC	£192,500	£159,530	21% above HPI
2002 15 MAY	£117,000	£106,845	10% above HPI
2001 25 MAY	£94,995	£90,445	5% above HPI

2 SHEARERS 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 2 SHEARERS DRIVE sales between May 2001 and January 2019 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 December 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 SHEARERS DRIVE?

2 SHEARERS DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 SHEARERS DRIVE lies on this distribution: 56% of detached houses are smaller than 2 SHEARERS DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 SHEARERS DRIVE: Plot and Title Map

2 SHEARERS DRIVE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 SHEARERS 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 2 SHEARERS 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 2 SHEARERS DRIVE?

2 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on SHEARERS DRIVE.