17, WELBECK DRIVE, SPALDING, PE11 1PD - £205,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 WELBECK DRIVE is a very small extended detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £196,513. It was last sold for £205,000 in November 2022, which was around 31% below the average November 2022 detached price in the South Holland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

17 WELBECK DRIVE Sold Prices

Land registry data shows two sales for 17 WELBECK 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 17 WELBECK 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
2022 10 NOV	£205,000	£298,340	31% below HPI
2020 9 OCT	£165,000	£240,513	31% below HPI

17 WELBECK 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 17 WELBECK DRIVE sales from October 2020 and November 2022 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 October 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, which was also at 31% below the HPI.

What might 17 WELBECK DRIVE be worth now?

17 WELBECK DRIVE might now be worth an estimated £196,513.

This is based on house price deflation of 4.1%, between November 2022 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% deflationary decrease is applied to the most recent sale price for 17 WELBECK DRIVE of £205,000 on 10th November 2022. For the value to have decreased from £205,000 to £196,513 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 17 WELBECK DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WELBECK DRIVE has not materially changed since November 2022.

How Large is 17 WELBECK DRIVE?

17 WELBECK DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 17 WELBECK DRIVE lies on this distribution: 10% of detached houses houses are smaller than 17 WELBECK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Spalding.

17 WELBECK DRIVE: Plot and Title Map

17 WELBECK DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 17 WELBECK 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 WELBECK 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 WELBECK DRIVE?

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