10, INDEPENDENCE DRIVE, PINCHBECK, SPALDING, PE11 3TR - £188,000

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

10 INDEPENDENCE DRIVE is a midsized extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £232,329. It was last sold for £188,000 in April 2019, which was around 19% below the average April 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

10 INDEPENDENCE DRIVE Sold Prices

Land registry data shows two sales for 10 INDEPENDENCE 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 10 INDEPENDENCE 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
2019 18 APR	£188,000	£231,422	19% below HPI
1995 12 MAY	£52,500	£49,607	6% above HPI

10 INDEPENDENCE 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 INDEPENDENCE DRIVE sales from May 1995 and April 2019 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 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 INDEPENDENCE DRIVE be worth now?

10 INDEPENDENCE DRIVE might now be worth an estimated £232,329.

This is based on house price inflation of 23.6%, between April 2019 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 23.6% inflationary increase is applied to the most recent sale price for 10 INDEPENDENCE DRIVE of £188,000 on 18th April 2019. For the value to have increased from £188,000 to £232,329 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 10 INDEPENDENCE DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The April 2019 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 10 INDEPENDENCE DRIVE has not materially changed since April 2019.

How Large is 10 INDEPENDENCE DRIVE?

10 INDEPENDENCE DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinchbeck, and where 10 INDEPENDENCE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 10 INDEPENDENCE DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

10 INDEPENDENCE DRIVE: Plot and Title Map

10 INDEPENDENCE DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 10 INDEPENDENCE 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 INDEPENDENCE 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 INDEPENDENCE DRIVE?

10 INDEPENDENCE DRIVE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 10 on INDEPENDENCE DRIVE.