24, WESTMINSTER DRIVE, SPALDING, PE11 2UW - £189,950

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.

24 WESTMINSTER DRIVE is a midsized detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £249,546. It was last sold for £189,950 in November 2016, which was around 10% below the average November 2016 detached price in the South Holland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

24 WESTMINSTER DRIVE Sold Prices

Land registry data shows four sales for 24 WESTMINSTER 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. All of the four 24 WESTMINSTER 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
2016 16 NOV	£189,950	£211,744	10% below HPI
2005 17 JUN	£140,000	£172,394	19% below HPI
1997 29 AUG	£52,500	£57,893	9% below HPI
1996 1 JUL	£50,750	£56,020	9% below HPI

24 WESTMINSTER 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 24 WESTMINSTER DRIVE sales between July 1996 and November 2016 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 June 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 24 WESTMINSTER DRIVE be worth now?

24 WESTMINSTER DRIVE might now be worth an estimated £249,546.

This is based on house price inflation of 31.4%, between November 2016 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 31.4% inflationary increase is applied to the most recent sale price for 24 WESTMINSTER DRIVE of £189,950 on 16th November 2016. For the value to have increased from £189,950 to £249,546 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 WESTMINSTER DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The November 2016 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 24 WESTMINSTER DRIVE has not materially changed since November 2016.

How Large is 24 WESTMINSTER DRIVE?

24 WESTMINSTER DRIVE is 115m² according to the EPC inspection conducted in August 2010. This puts it in the largest 50% 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 24 WESTMINSTER DRIVE lies on this distribution: 54% of detached houses houses are smaller than 24 WESTMINSTER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Spalding.

24 WESTMINSTER DRIVE: Plot and Title Map

24 WESTMINSTER DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 24 WESTMINSTER 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 24 WESTMINSTER 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 24 WESTMINSTER DRIVE?

24 WESTMINSTER DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 24 on WESTMINSTER DRIVE.