12, OAKLEY DRIVE, SPALDING, PE11 2BN - £147,000

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.

12 OAKLEY DRIVE is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £229,780. It was last sold for £147,000 in July 2010, which was around 17% below the average July 2010 detached price in the South Holland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

12 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 12 OAKLEY 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 OAKLEY 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
2010 8 JUL	£147,000	£177,962	17% below HPI
2002 24 MAY	£95,995	£106,321	10% below HPI
2001 2 MAR	£65,000	£90,285	28% below HPI

12 OAKLEY 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 OAKLEY DRIVE sales between March 2001 and July 2010 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 OAKLEY DRIVE be worth now?

12 OAKLEY DRIVE might now be worth an estimated £229,780.

This is based on house price inflation of 56.3%, between July 2010 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 56.3% inflationary increase is applied to the most recent sale price for 12 OAKLEY DRIVE of £147,000 on 8th July 2010. For the value to have increased from £147,000 to £229,780 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 12 OAKLEY DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2010 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OAKLEY DRIVE has not materially changed since July 2010.

How Large is 12 OAKLEY DRIVE?

12 OAKLEY DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% 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 12 OAKLEY DRIVE lies on this distribution: 44% of detached houses houses are smaller than 12 OAKLEY DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 OAKLEY DRIVE: Plot and Title Map

12 OAKLEY DRIVE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 12 OAKLEY 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 OAKLEY 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 OAKLEY DRIVE?

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