12, RUSSELL DRIVE, COWBIT, SPALDING, PE12 6XH - £250,000

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 RUSSELL DRIVE is a very large detached house of 227m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2012, which was around 59% above the average March 2012 detached price in the South Holland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

12 RUSSELL DRIVE Sold Prices

Land registry data shows two sales for 12 RUSSELL 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 12 RUSSELL 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
2012 9 MAR	£250,000	£156,838	59% above HPI
2000 21 DEC	£170,000	£88,070	93% above HPI

12 RUSSELL 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 12 RUSSELL DRIVE sales from December 2000 and March 2012 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 December 2000 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the March 2012 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 12 RUSSELL DRIVE?

12 RUSSELL DRIVE is 227m² according to the EPC inspection conducted in May 2009. This puts it in the largest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 12 RUSSELL DRIVE lies on this distribution: 98% of detached houses are smaller than 12 RUSSELL DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

12 RUSSELL DRIVE: Plot and Title Map

12 RUSSELL DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 12 RUSSELL 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 RUSSELL 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 RUSSELL DRIVE?

12 RUSSELL DRIVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 12 on RUSSELL DRIVE.