11, FERN DRIVE, SPALDING, PE11 1GG - £390,000

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

11 FERN DRIVE is a large extended detached house of 138m², built sometime between 1991 and 1995. It was last sold for £390,000 in August 2023, which was around 38% above the average August 2023 detached price in the South Holland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

11 FERN DRIVE Sold Prices

Land registry data shows four sales for 11 FERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 11 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
2023 24 AUG	£390,000	£283,483	38% above HPI
2022 30 SEP	£378,000	£300,708	26% above HPI
2012 9 MAR	£227,500	£156,838	45% above HPI
2005 27 MAY	£229,000	£170,603	34% above HPI

11 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 four 11 FERN DRIVE sales between May 2005 and August 2023 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 September 2022 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 11 FERN DRIVE?

11 FERN DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 11 FERN DRIVE lies on this distribution: 76% of detached houses are smaller than 11 FERN DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 FERN DRIVE: Plot and Title Map

11 FERN DRIVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 11 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 11 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 11 FERN DRIVE?

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