16, OAKLEY DRIVE, SPALDING, PE11 2BN - £205,000

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

16 OAKLEY DRIVE is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £205,000 in December 2020, which was around 15% below the average December 2020 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 16 OAKLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 16 OAKLEY DRIVE sales were for below the average price, whilst one was 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
2020 2 DEC	£205,000	£242,565	15% below HPI
2013 30 MAY	£155,000	£162,366	5% below HPI
2009 17 SEP	£160,000	£155,852	3% above HPI

16 OAKLEY 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 three 16 OAKLEY DRIVE sales between September 2009 and December 2020 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 May 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 OAKLEY DRIVE?

16 OAKLEY DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 16 OAKLEY DRIVE lies on this distribution: 64% of detached houses are smaller than 16 OAKLEY DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 OAKLEY DRIVE: Plot and Title Map

16 OAKLEY DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 16 OAKLEY 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 16 OAKLEY 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 16 OAKLEY DRIVE?

16 OAKLEY DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 16 on OAKLEY DRIVE.