22, SORREL DRIVE, SPALDING, PE11 3GN - £154,000

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

22 SORREL DRIVE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £154,000 in November 2013, which was around 10% below the average November 2013 detached price in the South Holland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

22 SORREL DRIVE Sold Prices

Land registry data shows five sales for 22 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 22 SORREL 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
2013 8 NOV	£154,000	£170,290	10% below HPI
2009 8 SEP	£152,000	£155,852	2% below HPI
2004 5 NOV	£152,000	£163,324	7% below HPI
2003 28 OCT	£132,000	£147,616	11% below HPI
2000 26 JUN	£72,950	£82,405	11% below HPI

22 SORREL 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 five 22 SORREL DRIVE sales between June 2000 and November 2013 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 September 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 22 SORREL DRIVE?

22 SORREL DRIVE is 77m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 22 SORREL DRIVE lies on this distribution: 15% of detached houses are smaller than 22 SORREL DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spalding.

22 SORREL DRIVE: Plot and Title Map

22 SORREL DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 22 SORREL 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 22 SORREL 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 22 SORREL DRIVE?

22 SORREL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 22 on SORREL DRIVE.