5, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £382,000

5 SHEARERS DRIVE is a very large detached house of 205m², built sometime between 1996 and 2002. It was last sold for £382,000 in July 2022, which was around 30% above the average July 2022 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 C.

5 SHEARERS DRIVE Sold Prices

Land registry data shows five sales for 5 SHEARERS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 5 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
2022 28 JUL	£382,000	£293,121	30% above HPI
2013 24 JUN	£190,000	£163,823	16% above HPI
2005 5 OCT	£223,500	£171,637	30% above HPI
2003 14 MAR	£215,000	£131,725	63% above HPI
2001 31 AUG	£139,995	£97,348	44% above HPI

5 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 five 5 SHEARERS DRIVE sales between August 2001 and July 2022 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 June 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 5 SHEARERS DRIVE?

5 SHEARERS DRIVE is 205m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 5 SHEARERS DRIVE lies on this distribution: 96% of detached houses are smaller than 5 SHEARERS DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 SHEARERS DRIVE: Plot and Title Map

5 SHEARERS DRIVE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 5 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 5 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 5 SHEARERS DRIVE?

5 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on SHEARERS DRIVE.