23, WEDGEWOOD DRIVE, SPALDING, PE11 3FJ - £269,950

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 WEDGEWOOD DRIVE is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £286,323. It was last sold for £269,950 in January 2022, which was about the average January 2022 detached price in the South Holland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

23 WEDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 23 WEDGEWOOD 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. The three 23 WEDGEWOOD DRIVE sales were a mix of roughly equal to the average price, and 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 7 JAN	£269,950	£269,635	Close to HPI
2003 23 MAY	£147,750	£134,671	10% above HPI
1997 10 OCT	£69,950	£58,842	19% above HPI

23 WEDGEWOOD 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 WEDGEWOOD DRIVE sales between October 1997 and January 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 May 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 WEDGEWOOD DRIVE be worth now?

23 WEDGEWOOD DRIVE might now be worth an estimated £286,323.

This is based on house price inflation of 6.1%, between January 2022 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 6.1% inflationary increase is applied to the most recent sale price for 23 WEDGEWOOD DRIVE of £269,950 on 7th January 2022. For the value to have increased from £269,950 to £286,323 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 23 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2022 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 23 WEDGEWOOD DRIVE has not materially changed since January 2022.

How Large is 23 WEDGEWOOD DRIVE?

23 WEDGEWOOD DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 WEDGEWOOD DRIVE lies on this distribution: 62% of detached houses houses are smaller than 23 WEDGEWOOD DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spalding.

23 WEDGEWOOD DRIVE: Plot and Title Map

23 WEDGEWOOD DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 23 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD DRIVE?

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