11, WELBECK DRIVE, SPALDING, PE11 1PD - £225,000

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 WELBECK DRIVE is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2018, which was around 5% below the average November 2018 detached price in the South Holland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

11 WELBECK DRIVE Sold Prices

Land registry data shows two sales for 11 WELBECK 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 11 WELBECK 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
2018 2 NOV	£225,000	£237,025	5% below HPI
2007 30 MAR	£158,000	£188,752	16% below HPI

11 WELBECK 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 11 WELBECK DRIVE sales from March 2007 and November 2018 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 March 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 WELBECK DRIVE?

11 WELBECK DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 WELBECK DRIVE lies on this distribution: 40% of detached houses are smaller than 11 WELBECK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 WELBECK DRIVE: Plot and Title Map

11 WELBECK DRIVE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 11 WELBECK 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 WELBECK 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 WELBECK DRIVE?

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