23, LAVENDER DRIVE, SPALDING, PE11 1YR - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 LAVENDER DRIVE is a small extended detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £270,402. It was last sold for £290,000 in November 2022, which was around 3% below the average November 2022 detached price in the South Holland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

23 LAVENDER DRIVE Sold Prices

Land registry data shows four sales for 23 LAVENDER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Most of the four 23 LAVENDER DRIVE sales were for above 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
2022 11 NOV	£290,000	£298,340	3% below HPI
2008 21 NOV	£165,000	£162,156	2% above HPI
2004 28 JUN	£167,500	£154,648	8% above HPI
1997 10 JUL	£59,950	£57,273	5% above HPI

23 LAVENDER 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 four 23 LAVENDER DRIVE sales between July 1997 and November 2022 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 November 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 23 LAVENDER DRIVE be worth now?

23 LAVENDER DRIVE might now be worth an estimated £270,402.

This is based on house price deflation of 6.8%, between November 2022 and February 2025, 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 6.8% deflationary decrease is applied to the most recent sale price for 23 LAVENDER DRIVE of £290,000 on 11th November 2022. For the value to have decreased from £290,000 to £270,402 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 LAVENDER DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LAVENDER DRIVE has not materially changed since November 2022.

How Large is 23 LAVENDER DRIVE?

23 LAVENDER DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 23 LAVENDER DRIVE lies on this distribution: 35% of detached houses houses are smaller than 23 LAVENDER DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 LAVENDER DRIVE: Plot and Title Map

23 LAVENDER DRIVE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 23 LAVENDER 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 23 LAVENDER 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 23 LAVENDER DRIVE?

23 LAVENDER DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 23 on LAVENDER DRIVE.