11, PERCHERON DRIVE, SPALDING, PE11 3GH - £275,000

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 PERCHERON DRIVE is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £275,000 in September 2023, which was around 5% below the average September 2023 detached price in the South Holland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

11 PERCHERON DRIVE Sold Prices

Land registry data shows three sales for 11 PERCHERON 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. One of the three 11 PERCHERON DRIVE sales was for below the average price, whilst two 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 20 SEP	£275,000	£289,034	5% below HPI
2003 30 SEP	£162,000	£140,143	16% above HPI
2001 28 FEB	£94,995	£93,985	1% above HPI

11 PERCHERON 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 PERCHERON DRIVE sales between February 2001 and September 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 PERCHERON DRIVE?

11 PERCHERON DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 40% 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 PERCHERON DRIVE lies on this distribution: 67% of detached houses are smaller than 11 PERCHERON DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 PERCHERON DRIVE: Plot and Title Map

11 PERCHERON DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 11 PERCHERON 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 PERCHERON 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 PERCHERON DRIVE?

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