12, SPRING DRIVE, FARCET, PETERBOROUGH, PE7 3AJ - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SPRING DRIVE is a large detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £363,850. It was last sold for £365,000 in September 2023, which was around 24% below the average September 2023 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 SPRING DRIVE Sold Prices

Land registry data shows four sales for 12 SPRING DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the four 12 SPRING 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
2023 6 SEP	£365,000	£480,351	24% below HPI
2014 15 AUG	£190,000	£305,989	38% below HPI
2006 1 DEC	£165,000	£262,489	37% below HPI
1998 28 AUG	£74,500	£106,156	30% below HPI

12 SPRING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The four 12 SPRING DRIVE sales between August 1998 and September 2023 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 August 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 SPRING DRIVE be worth now?

12 SPRING DRIVE might now be worth an estimated £363,850.

This is based on house price deflation of 0.3%, between September 2023 and December 2024, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 12 SPRING DRIVE of £365,000 on 6th September 2023. For the value to have decreased from £365,000 to £363,850 over the nine months to December 2024, the following assumptions must hold true:

• The value of 12 SPRING DRIVE has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The September 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRING DRIVE has not materially changed since September 2023.

How Large is 12 SPRING DRIVE?

12 SPRING DRIVE is 116m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Farcet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farcet, and where 12 SPRING DRIVE lies on this distribution: 63% of detached houses houses are smaller than 12 SPRING DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Farcet.

12 SPRING DRIVE: Plot and Title Map

12 SPRING DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 12 SPRING 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 SPRING 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 SPRING DRIVE?

12 SPRING DRIVE is located in FARCET, in the PE7 postcode district. The below map shows the position of No. 12 on SPRING DRIVE.