15, MAYFAIR DRIVE, SPALDING, PE11 2UG - £253,000

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 MAYFAIR DRIVE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £253,000 in March 2024, which was around 7% below the average March 2024 detached price in the South Holland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

15 MAYFAIR DRIVE Sold Prices

Land registry data shows five sales for 15 MAYFAIR DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the five 15 MAYFAIR 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
2024 28 MAR	£253,000	£273,400	7% below HPI
2014 13 FEB	£153,500	£174,564	12% below HPI
2006 20 OCT	£162,000	£185,621	13% below HPI
2001 17 SEP	£95,950	£98,007	2% below HPI
1999 25 OCT	£72,950	£72,560	1% above HPI

15 MAYFAIR 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 five 15 MAYFAIR DRIVE sales between October 1999 and March 2024 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 February 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 MAYFAIR DRIVE?

15 MAYFAIR DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 15 MAYFAIR DRIVE lies on this distribution: 40% of detached houses are smaller than 15 MAYFAIR DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 MAYFAIR DRIVE: Plot and Title Map

15 MAYFAIR DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 15 MAYFAIR 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 MAYFAIR 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 MAYFAIR DRIVE?

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