27, OAKLEY DRIVE, SPALDING, PE11 2BN - £228,500

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.

27 OAKLEY DRIVE is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £279,816. It was last sold for £228,500 in March 2018, which was around 1% above the average March 2018 detached price in the South Holland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

27 OAKLEY DRIVE Sold Prices

Land registry data shows two sales for 27 OAKLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 27 OAKLEY DRIVE sales was for above the average price, whilst the other was 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 19 MAR	£228,500	£227,162	1% above HPI
2004 18 FEB	£139,000	£151,460	8% below HPI

27 OAKLEY 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 two 27 OAKLEY DRIVE sales from February 2004 and March 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 February 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 27 OAKLEY DRIVE be worth now?

27 OAKLEY DRIVE might now be worth an estimated £279,816.

This is based on house price inflation of 22.5%, between March 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 22.5% inflationary increase is applied to the most recent sale price for 27 OAKLEY DRIVE of £228,500 on 19th March 2018. For the value to have increased from £228,500 to £279,816 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 27 OAKLEY DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The March 2018 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 27 OAKLEY DRIVE has not materially changed since March 2018.

How Large is 27 OAKLEY DRIVE?

27 OAKLEY DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in September 2017. 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 27 OAKLEY DRIVE lies on this distribution: 62% of detached houses houses are smaller than 27 OAKLEY DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spalding.

27 OAKLEY DRIVE: Plot and Title Map

27 OAKLEY DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 27 OAKLEY 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 27 OAKLEY 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 27 OAKLEY DRIVE?

27 OAKLEY DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 27 on OAKLEY DRIVE.