1, ASH TREE DRIVE, COWBIT, SPALDING, PE12 6XQ - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ASH TREE DRIVE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £220,000 in May 2021, which was around 12% below the average May 2021 detached price in the South Holland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

1 ASH TREE DRIVE Sold Prices

Land registry data shows two sales for 1 ASH TREE 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. One of the two 1 ASH TREE DRIVE sales was for below the average price, whilst the other was 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 25 MAY	£220,000	£250,598	12% below HPI
2000 8 AUG	£88,750	£86,349	3% above HPI

1 ASH TREE 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 ASH TREE DRIVE sales from August 2000 and May 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 August 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 ASH TREE DRIVE?

1 ASH TREE DRIVE is 84m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 1 ASH TREE DRIVE lies on this distribution: 10% of detached houses are smaller than 1 ASH TREE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

1 ASH TREE DRIVE: Plot and Title Map

1 ASH TREE DRIVE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 1 ASH TREE 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 ASH TREE 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 ASH TREE DRIVE?

1 ASH TREE DRIVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 1 on ASH TREE DRIVE.