15, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £16,900

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 SHEARERS DRIVE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £16,900 in December 2007, which was around 91% below the average December 2007 detached price in the South Holland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

15 SHEARERS DRIVE Sold Prices

Land registry data shows two sales for 15 SHEARERS 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. Both of the two 15 SHEARERS 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
2007 4 DEC	£16,900	£195,253	91% below HPI
2001 28 SEP	£82,500	£98,007	16% below HPI

15 SHEARERS 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 15 SHEARERS DRIVE sales from September 2001 and December 2007 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 September 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2007 sale, where it falls to 91% below the HPI. The line then continues to track at 91% below the HPI.

How Large is 15 SHEARERS DRIVE?

15 SHEARERS DRIVE is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 SHEARERS DRIVE lies on this distribution: 20% of detached houses are smaller than 15 SHEARERS DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Spalding.

15 SHEARERS DRIVE: Plot and Title Map

15 SHEARERS DRIVE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 15 SHEARERS 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 SHEARERS 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 SHEARERS DRIVE?

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