17, SORREL DRIVE, SPALDING, PE11 3GN - £240,000

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

17 SORREL DRIVE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2023, which was around 17% below the average October 2023 detached price in the South Holland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

17 SORREL DRIVE Sold Prices

Land registry data shows six sales for 17 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the six 17 SORREL 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
2023 16 OCT	£240,000	£290,219	17% below HPI
2018 3 APR	£200,000	£227,207	12% below HPI
2017 22 DEC	£195,000	£229,374	15% below HPI
2012 18 MAY	£145,000	£163,922	12% below HPI
2004 6 OCT	£145,000	£158,858	9% below HPI
2000 2 MAY	£65,950	£78,776	16% below HPI

17 SORREL 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 six 17 SORREL DRIVE sales between May 2000 and October 2023 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 April 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 SORREL DRIVE?

17 SORREL DRIVE is 83m² according to the EPC inspection conducted in November 2017. 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 17 SORREL DRIVE lies on this distribution: 20% of detached houses are smaller than 17 SORREL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Spalding.

17 SORREL DRIVE: Plot and Title Map

17 SORREL DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 17 SORREL 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 17 SORREL 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 17 SORREL DRIVE?

17 SORREL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 17 on SORREL DRIVE.