18, LAVENDER DRIVE, SPALDING, PE11 1YR - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 LAVENDER DRIVE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £317,702. It was last sold for £200,000 in March 2014, which was around 14% above the average March 2014 detached price in the South Holland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

18 LAVENDER DRIVE Sold Prices

Land registry data shows three sales for 18 LAVENDER 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 18 LAVENDER 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
2014 7 MAR	£200,000	£175,119	14% above HPI
2002 20 SEP	£147,950	£117,831	26% above HPI
1997 22 DEC	£78,000	£61,347	27% above HPI

18 LAVENDER 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 18 LAVENDER DRIVE sales between December 1997 and March 2014 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 September 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 LAVENDER DRIVE be worth now?

18 LAVENDER DRIVE might now be worth an estimated £317,702.

This is based on house price inflation of 58.9%, between March 2014 and February 2025, 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 58.9% inflationary increase is applied to the most recent sale price for 18 LAVENDER DRIVE of £200,000 on 7th March 2014. For the value to have increased from £200,000 to £317,702 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 18 LAVENDER DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LAVENDER DRIVE has not materially changed since March 2014.

How Large is 18 LAVENDER DRIVE?

18 LAVENDER DRIVE is 125m² according to the EPC inspection conducted in September 2011. This puts it in the largest 40% 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 18 LAVENDER DRIVE lies on this distribution: 67% of detached houses houses are smaller than 18 LAVENDER DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 LAVENDER DRIVE: Plot and Title Map

18 LAVENDER DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 18 LAVENDER 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 18 LAVENDER 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 18 LAVENDER DRIVE?

18 LAVENDER DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 18 on LAVENDER DRIVE.