2, LANCASTER DRIVE, LONG SUTTON, SPALDING, PE12 9BD - £160,000

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

2 LANCASTER DRIVE is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £255,014. It was last sold for £160,000 in July 2014, which was around 11% below the average July 2014 detached price in the South Holland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 2 LANCASTER 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 2 LANCASTER 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
2014 16 JUL	£160,000	£179,434	11% below HPI
2010 16 JUL	£150,000	£177,962	16% below HPI
1999 10 NOV	£63,000	£72,013	13% below HPI

2 LANCASTER 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 2 LANCASTER DRIVE sales between November 1999 and July 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 July 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 LANCASTER DRIVE be worth now?

2 LANCASTER DRIVE might now be worth an estimated £255,014.

This is based on house price inflation of 59.4%, between July 2014 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 59.4% inflationary increase is applied to the most recent sale price for 2 LANCASTER DRIVE of £160,000 on 16th July 2014. For the value to have increased from £160,000 to £255,014 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 LANCASTER DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER DRIVE has not materially changed since July 2014.

How Large is 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in Long Sutton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Sutton, and where 2 LANCASTER DRIVE lies on this distribution: 56% of detached houses houses are smaller than 2 LANCASTER DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

2 LANCASTER DRIVE: Plot and Title Map

2 LANCASTER DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 2 LANCASTER 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 2 LANCASTER 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 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is located in LONG SUTTON, in the PE12 postcode district. The below map shows the position of No. 2 on LANCASTER DRIVE.