16, RUSSELL DRIVE, COWBIT, SPALDING, PE12 6XH - £174,000

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 RUSSELL DRIVE is a large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £174,000 in December 2009, which was around 6% above the average December 2009 detached price in the South Holland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

16 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 16 RUSSELL 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. All of the three 16 RUSSELL 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
2009 4 DEC	£174,000	£164,536	6% above HPI
2005 22 DEC	£189,000	£174,209	8% above HPI
2000 27 OCT	£122,950	£87,647	40% above HPI

16 RUSSELL 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 RUSSELL DRIVE sales between October 2000 and December 2009 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 December 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2009 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 16 RUSSELL DRIVE?

16 RUSSELL DRIVE is 160m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 16 RUSSELL DRIVE lies on this distribution: 76% of detached houses are smaller than 16 RUSSELL DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

16 RUSSELL DRIVE: Plot and Title Map

16 RUSSELL DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 16 RUSSELL 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 RUSSELL 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 RUSSELL DRIVE?

16 RUSSELL DRIVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 16 on RUSSELL DRIVE.