2, OAKLEY DRIVE, SPALDING, PE11 2BN - £158,000

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 OAKLEY DRIVE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £230,589. It was last sold for £158,000 in August 2015, which was around 19% below the average August 2015 detached price in the South Holland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

2 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 2 OAKLEY 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 OAKLEY 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
2015 14 AUG	£158,000	£195,960	19% below HPI
1996 9 FEB	£55,000	£57,038	4% below HPI

2 OAKLEY 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 OAKLEY DRIVE sales from February 1996 and August 2015 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 February 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 OAKLEY DRIVE be worth now?

2 OAKLEY DRIVE might now be worth an estimated £230,589.

This is based on house price inflation of 45.9%, between August 2015 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 45.9% inflationary increase is applied to the most recent sale price for 2 OAKLEY DRIVE of £158,000 on 14th August 2015. For the value to have increased from £158,000 to £230,589 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 OAKLEY DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2015 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKLEY DRIVE has not materially changed since August 2015.

How Large is 2 OAKLEY DRIVE?

2 OAKLEY DRIVE is 98m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 OAKLEY DRIVE lies on this distribution: 36% of detached houses houses are smaller than 2 OAKLEY DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2 OAKLEY DRIVE: Plot and Title Map

2 OAKLEY DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 OAKLEY 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 OAKLEY 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 OAKLEY DRIVE?

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