16, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £300,000

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 SHEARERS DRIVE is a very large detached house of 203m², built sometime between 1996 and 2002. It was last sold for £300,000 in November 2020, which was around 24% above the average November 2020 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.

16 SHEARERS DRIVE Sold Prices

Land registry data shows two sales for 16 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 16 SHEARERS 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
2020 11 NOV	£300,000	£241,438	24% above HPI
2002 15 MAR	£141,995	£100,218	42% above HPI

16 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 16 SHEARERS DRIVE sales from March 2002 and November 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 March 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 16 SHEARERS DRIVE?

16 SHEARERS DRIVE is 203m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% 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 SHEARERS DRIVE lies on this distribution: 96% of detached houses are smaller than 16 SHEARERS DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Spalding.

16 SHEARERS DRIVE: Plot and Title Map

16 SHEARERS DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 16 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 16 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 16 SHEARERS DRIVE?

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