12, WEDGEWOOD DRIVE, SPALDING, PE11 3FJ - £160,000

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 WEDGEWOOD DRIVE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £160,000 in December 2014, which was around 13% below the average December 2014 detached price in the South Holland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

12 WEDGEWOOD DRIVE Sold Prices

Land registry data shows four sales for 12 WEDGEWOOD 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 South Holland local authority area for the corresponding sale date. Most of the four 12 WEDGEWOOD 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
2014 5 DEC	£160,000	£183,883	13% below HPI
2008 25 JAN	£173,000	£195,510	12% below HPI
2006 31 JUL	£157,000	£181,780	14% below HPI
2003 14 FEB	£131,000	£129,552	1% above HPI

12 WEDGEWOOD 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 four 12 WEDGEWOOD DRIVE sales between February 2003 and December 2014 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 January 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 WEDGEWOOD DRIVE?

12 WEDGEWOOD DRIVE is 84m² according to the EPC inspection conducted in October 2011. 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 WEDGEWOOD DRIVE lies on this distribution: 21% of detached houses are smaller than 12 WEDGEWOOD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Spalding.

12 WEDGEWOOD DRIVE: Plot and Title Map

12 WEDGEWOOD DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 12 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD DRIVE?

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