28, SORREL DRIVE, SPALDING, PE11 3GN - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 SORREL DRIVE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2024, which was around 11% above the average August 2024 detached price in the South Holland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

28 SORREL DRIVE Sold Prices

Land registry data shows three sales for 28 SORREL 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 28 SORREL DRIVE sales were for 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
2024 15 AUG	£320,000	£287,267	11% above HPI
2004 6 OCT	£199,000	£158,858	25% above HPI
1999 30 SEP	£108,950	£72,097	51% above HPI

28 SORREL 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 28 SORREL DRIVE sales between September 1999 and August 2024 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 October 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 28 SORREL DRIVE?

28 SORREL DRIVE is 124m² according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 28 SORREL DRIVE lies on this distribution: 65% of detached houses are smaller than 28 SORREL DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Spalding.

28 SORREL DRIVE: Plot and Title Map

28 SORREL DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 28 SORREL 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 28 SORREL 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 28 SORREL DRIVE?

28 SORREL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 28 on SORREL DRIVE.