15, INDEPENDENCE DRIVE, PINCHBECK, SPALDING, PE11 3TR - £350,000

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

15 INDEPENDENCE DRIVE is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £350,000 in June 2022, which was around 21% above the average June 2022 detached price in the South Holland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

15 INDEPENDENCE DRIVE Sold Prices

Land registry data shows four sales for 15 INDEPENDENCE 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. All of the four 15 INDEPENDENCE 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
2022 13 JUN	£350,000	£289,234	21% above HPI
2016 29 JUN	£217,500	£211,701	3% above HPI
1999 11 JUN	£77,750	£70,892	10% above HPI
1997 7 JUL	£69,500	£57,555	21% above HPI

15 INDEPENDENCE 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 15 INDEPENDENCE DRIVE sales between July 1997 and June 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 June 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 15 INDEPENDENCE DRIVE?

15 INDEPENDENCE DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 15 INDEPENDENCE DRIVE lies on this distribution: 76% of detached houses are smaller than 15 INDEPENDENCE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

15 INDEPENDENCE DRIVE: Plot and Title Map

15 INDEPENDENCE DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 15 INDEPENDENCE 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 15 INDEPENDENCE 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 15 INDEPENDENCE DRIVE?

15 INDEPENDENCE DRIVE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 15 on INDEPENDENCE DRIVE.