1, WELBECK DRIVE, SPALDING, PE11 1PD - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WELBECK DRIVE is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £190,000 in December 2020, which was around 21% below the average December 2020 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 WELBECK DRIVE Sold Prices

Land registry data shows two sales for 1 WELBECK 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. Both of the two 1 WELBECK DRIVE sales were for below 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
2020 11 DEC	£190,000	£241,377	21% below HPI
1996 29 MAY	£52,000	£54,050	4% below HPI

1 WELBECK 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 WELBECK DRIVE sales from May 1996 and December 2020 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 May 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 WELBECK DRIVE be worth now?

1 WELBECK DRIVE might now be worth an estimated £225,116.

This is based on house price inflation of 18.5%, between December 2020 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 1 WELBECK DRIVE of £190,000 on 11th December 2020. For the value to have increased from £190,000 to £225,116 over the four years to December 2024, the following assumptions must hold true:

• The value of 1 WELBECK DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELBECK DRIVE has not materially changed since December 2020.

How Large is 1 WELBECK DRIVE?

1 WELBECK DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 1 WELBECK DRIVE lies on this distribution: 32% of detached houses houses are smaller than 1 WELBECK DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1 WELBECK DRIVE: Plot and Title Map

1 WELBECK DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 WELBECK 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 WELBECK 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 WELBECK DRIVE?

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