11, CATHEDRAL DRIVE, SPALDING, PE11 1PL - £174,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CATHEDRAL DRIVE is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £269,094. It was last sold for £174,950 in August 2014, which was around 3% below the average August 2014 detached price in the South Holland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

11 CATHEDRAL DRIVE Sold Prices

Land registry data shows three sales for 11 CATHEDRAL 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 11 CATHEDRAL 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
2014 18 AUG	£174,950	£180,856	3% below HPI
2009 31 JUL	£130,000	£148,438	12% below HPI
1998 16 FEB	£25,000	£58,968	58% below HPI

11 CATHEDRAL 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 11 CATHEDRAL DRIVE sales between February 1998 and August 2014 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 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 11 CATHEDRAL DRIVE be worth now?

11 CATHEDRAL DRIVE might now be worth an estimated £269,094.

This is based on house price inflation of 53.8%, between August 2014 and February 2025, 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 53.8% inflationary increase is applied to the most recent sale price for 11 CATHEDRAL DRIVE of £174,950 on 18th August 2014. For the value to have increased from £174,950 to £269,094 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 11 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2014 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 11 CATHEDRAL DRIVE has not materially changed since August 2014.

How Large is 11 CATHEDRAL DRIVE?

11 CATHEDRAL DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 11 CATHEDRAL DRIVE lies on this distribution: 37% of detached houses houses are smaller than 11 CATHEDRAL DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 CATHEDRAL DRIVE: Plot and Title Map

11 CATHEDRAL DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 11 CATHEDRAL 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 11 CATHEDRAL 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 11 CATHEDRAL DRIVE?

11 CATHEDRAL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 11 on CATHEDRAL DRIVE.