18, WESTMINSTER DRIVE, SPALDING, PE11 2UW - £215,000

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 WESTMINSTER DRIVE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £215,000 in August 2006, which was around 16% above the average August 2006 detached price in the South Holland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

18 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 18 WESTMINSTER 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 18 WESTMINSTER 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
2006 17 AUG	£215,000	£184,922	16% above HPI
2004 22 JAN	£189,000	£149,942	26% above HPI

18 WESTMINSTER 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 18 WESTMINSTER DRIVE sales from January 2004 and August 2006 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 January 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2006 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 18 WESTMINSTER DRIVE?

18 WESTMINSTER DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 WESTMINSTER DRIVE lies on this distribution: 70% of detached houses are smaller than 18 WESTMINSTER DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Spalding.

18 WESTMINSTER DRIVE: Plot and Title Map

18 WESTMINSTER DRIVE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 18 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER DRIVE?

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