23, SHERWOOD DRIVE, SPALDING, PE11 1QW - £145,000

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

23 SHERWOOD DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £244,793. It was last sold for £145,000 in August 2013, which was around 12% below the average August 2013 detached price in the South Holland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

23 SHERWOOD DRIVE Sold Prices

Land registry data shows three sales for 23 SHERWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 23 SHERWOOD 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 15 AUG	£145,000	£164,775	12% below HPI
2007 29 AUG	£168,000	£191,924	12% below HPI
1996 10 SEP	£51,000	£55,028	7% below HPI

23 SHERWOOD 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 three 23 SHERWOOD DRIVE sales between September 1996 and August 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2013 sale, which was also at 12% below the HPI.

What might 23 SHERWOOD DRIVE be worth now?

23 SHERWOOD DRIVE might now be worth an estimated £244,793.

This is based on house price inflation of 68.8%, between August 2013 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 68.8% inflationary increase is applied to the most recent sale price for 23 SHERWOOD DRIVE of £145,000 on 15th August 2013. For the value to have increased from £145,000 to £244,793 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 23 SHERWOOD DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2013 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SHERWOOD DRIVE has not materially changed since August 2013.

How Large is 23 SHERWOOD DRIVE?

23 SHERWOOD DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 23 SHERWOOD DRIVE lies on this distribution: 25% of detached houses houses are smaller than 23 SHERWOOD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 SHERWOOD DRIVE: Plot and Title Map

23 SHERWOOD DRIVE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 23 SHERWOOD 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 SHERWOOD 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 SHERWOOD DRIVE?

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