1, FERN DRIVE, SPALDING, PE11 1GG - £245,000

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 FERN DRIVE is a very large extended detached house of 157m², built sometime between 1996 and 2002. It was last sold for £245,000 in August 2006, which was around 32% above the average August 2006 detached price in the South Holland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

1 FERN DRIVE Sold Prices

Land registry data shows three sales for 1 FERN 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 1 FERN 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
2006 8 AUG	£245,000	£184,922	32% above HPI
2002 22 JUL	£198,000	£111,869	77% above HPI
2000 26 JUN	£137,995	£82,405	67% above HPI

1 FERN 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 1 FERN DRIVE sales between June 2000 and August 2006 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 2002 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2006 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 1 FERN DRIVE?

1 FERN DRIVE is 157m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 1 FERN DRIVE lies on this distribution: 86% of detached houses are smaller than 1 FERN DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 FERN DRIVE: Plot and Title Map

1 FERN DRIVE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 FERN 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 FERN 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 FERN DRIVE?

1 FERN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1 on FERN DRIVE.