2, MITCHELL DRIVE, SPALDING, PE11 2GU - £245,000

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 MITCHELL DRIVE is a small detached house of 87m², built sometime between 2007 and 2011, which could now be worth an estimated £259,564. It was last sold for £245,000 in July 2024, which was around 9% below the average July 2024 detached price in the South Holland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 MITCHELL DRIVE Sold Prices

Land registry data shows two sales for 2 MITCHELL 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 2 MITCHELL 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
2024 25 JUL	£245,000	£269,942	9% below HPI
2009 30 OCT	£138,000	£153,775	10% below HPI

2 MITCHELL 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 2 MITCHELL DRIVE sales from October 2009 and July 2024 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 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 MITCHELL DRIVE be worth now?

2 MITCHELL DRIVE might now be worth an estimated £259,564.

This is based on house price inflation of 5.9%, between July 2024 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 5.9% inflationary increase is applied to the most recent sale price for 2 MITCHELL DRIVE of £245,000 on 25th July 2024. For the value to have increased from £245,000 to £259,564 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 MITCHELL DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The July 2024 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MITCHELL DRIVE has not materially changed since July 2024.

How Large is 2 MITCHELL DRIVE?

2 MITCHELL DRIVE is 87m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% 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 2 MITCHELL DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 MITCHELL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 MITCHELL DRIVE: Plot and Title Map

2 MITCHELL DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 MITCHELL 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 MITCHELL 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 MITCHELL DRIVE?

2 MITCHELL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2 on MITCHELL DRIVE.