12, SHERWOOD DRIVE, SPALDING, PE11 1QP - £300,000

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 SHERWOOD DRIVE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2022, which was about the average October 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

12 SHERWOOD DRIVE Sold Prices

Land registry data shows two sales for 12 SHERWOOD 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. One of the two 12 SHERWOOD DRIVE sales was roughly equal to the average price, whilst the other was 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
2022 14 OCT	£300,000	£300,105	Close to HPI
2019 13 NOV	£198,000	£235,577	16% below HPI

12 SHERWOOD 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 SHERWOOD DRIVE sales from November 2019 and October 2022 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 November 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 SHERWOOD DRIVE?

12 SHERWOOD DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 SHERWOOD DRIVE lies on this distribution: 28% of detached houses are smaller than 12 SHERWOOD DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 SHERWOOD DRIVE: Plot and Title Map

12 SHERWOOD DRIVE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 12 SHERWOOD 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 SHERWOOD 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 SHERWOOD DRIVE?

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