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

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 RUSSELL DRIVE is a very large detached house of 227m², built sometime between 1996 and 2002, which could now be worth an estimated £445,601. It was last sold for £250,000 in March 2012, which was around 60% 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	£156,069	60% above HPI
2000 21 DEC	£170,000	£87,638	94% 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 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the March 2012 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 12 RUSSELL DRIVE be worth now?

12 RUSSELL DRIVE might now be worth an estimated £445,601.

This is based on house price inflation of 78.2%, between March 2012 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 78.2% inflationary increase is applied to the most recent sale price for 12 RUSSELL DRIVE of £250,000 on 9th March 2012. For the value to have increased from £250,000 to £445,601 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 12 RUSSELL DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RUSSELL DRIVE has not materially changed since March 2012.

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 houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowbit, and where 12 RUSSELL DRIVE lies on this distribution: 98% of detached houses 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.