10, BURGESS DRIVE, FLEET HARGATE, SPALDING, PE12 8NR - £125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 BURGESS DRIVE is a very small extended detached house of 61m², built sometime between 1983 and 1990. It was last sold for £125,000 in March 2015, which was around 34% below the average March 2015 detached price in the South Holland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

10 BURGESS DRIVE Sold Prices

Land registry data shows two sales for 10 BURGESS 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 10 BURGESS 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
2015 17 MAR	£125,000	£188,030	34% below HPI
2011 1 JUL	£124,000	£162,071	23% below HPI

10 BURGESS 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 10 BURGESS DRIVE sales from July 2011 and March 2015 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 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 10 BURGESS DRIVE?

10 BURGESS DRIVE is 61m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Fleet Hargate, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet Hargate, and where 10 BURGESS DRIVE lies on this distribution: 6% of detached houses are smaller than 10 BURGESS DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Fleet Hargate.

10 BURGESS DRIVE: Plot and Title Map

10 BURGESS DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 10 BURGESS 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 10 BURGESS 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 10 BURGESS DRIVE?

10 BURGESS DRIVE is located in FLEET HARGATE, in the PE12 postcode district. The below map shows the position of No. 10 on BURGESS DRIVE.