12, FERN DRIVE, SPALDING, PE11 1GG - £295,000

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

12 FERN DRIVE is a large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £295,000 in October 2019, which was around 25% above the average October 2019 detached price in the South Holland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

12 FERN DRIVE Sold Prices

Land registry data shows three sales for 12 FERN 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 12 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
2019 22 OCT	£295,000	£235,336	25% above HPI
2011 4 MAY	£208,000	£165,145	26% above HPI
2000 30 JUN	£132,995	£82,405	61% above HPI

12 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 three 12 FERN DRIVE sales between June 2000 and October 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 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 12 FERN DRIVE?

12 FERN DRIVE is 141m² according to the EPC inspection conducted in June 2010. 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 12 FERN DRIVE lies on this distribution: 78% of detached houses are smaller than 12 FERN DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 FERN DRIVE: Plot and Title Map

12 FERN DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 12 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 12 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 12 FERN DRIVE?

12 FERN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 12 on FERN DRIVE.