25, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £200,000

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.

25 SHEARERS DRIVE is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £236,198. It was last sold for £200,000 in December 2018, which was around 15% below the average December 2018 detached price in the South Holland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

25 SHEARERS DRIVE Sold Prices

Land registry data shows three sales for 25 SHEARERS 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 25 SHEARERS 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
2018 14 DEC	£200,000	£235,546	15% below HPI
2005 29 APR	£158,000	£172,740	9% below HPI
2002 22 MAR	£86,995	£99,727	13% below HPI

25 SHEARERS 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 25 SHEARERS DRIVE sales between March 2002 and December 2018 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 April 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 25 SHEARERS DRIVE be worth now?

25 SHEARERS DRIVE might now be worth an estimated £236,198.

This is based on house price inflation of 18.1%, between December 2018 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 18.1% inflationary increase is applied to the most recent sale price for 25 SHEARERS DRIVE of £200,000 on 14th December 2018. For the value to have increased from £200,000 to £236,198 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 25 SHEARERS DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SHEARERS DRIVE has not materially changed since December 2018.

How Large is 25 SHEARERS DRIVE?

25 SHEARERS DRIVE is 87m² according to the EPC inspection conducted in August 2017. 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 25 SHEARERS DRIVE lies on this distribution: 24% of detached houses houses are smaller than 25 SHEARERS DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spalding.

25 SHEARERS DRIVE: Plot and Title Map

25 SHEARERS DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 25 SHEARERS 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 25 SHEARERS 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 25 SHEARERS DRIVE?

25 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 25 on SHEARERS DRIVE.