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

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

2 MITCHELL DRIVE is a small detached house of 87m², built sometime between 2007 and 2011. It was last sold for £245,000 in July 2024, which was around 11% 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	£276,747	11% below HPI
2009 30 OCT	£138,000	£154,532	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2024 sale, which was also at 11% below the HPI.

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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2 MITCHELL DRIVE lies on this distribution: 24% of detached 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.