18, PERCHERON DRIVE, SPALDING, PE11 3GH - £387,000

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

18 PERCHERON DRIVE is a very large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £387,000 in August 2022, which was around 30% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

18 PERCHERON DRIVE Sold Prices

Land registry data shows three sales for 18 PERCHERON 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 PERCHERON 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
2022 19 AUG	£387,000	£298,111	30% above HPI
2009 18 JUN	£205,000	£147,489	39% above HPI
2001 28 MAR	£139,995	£90,729	54% above HPI

18 PERCHERON 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 PERCHERON DRIVE sales between March 2001 and August 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 June 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 18 PERCHERON DRIVE?

18 PERCHERON DRIVE is 151m² according to the EPC inspection conducted in February 2022. This puts it in the largest 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 18 PERCHERON DRIVE lies on this distribution: 84% of detached houses are smaller than 18 PERCHERON DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 PERCHERON DRIVE: Plot and Title Map

18 PERCHERON DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 18 PERCHERON 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 PERCHERON 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 PERCHERON DRIVE?

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