2A, PICCARD DRIVE, SPALDING, PE11 2GP - £265,000

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

2A PICCARD DRIVE is a midsized extended detached house of 108m², built sometime between 2003 and 2006. It was last sold for £265,000 in October 2023, which was around 9% below the average October 2023 detached price in the South Holland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2A PICCARD DRIVE Sold Prices

Land registry data shows three sales for 2A PICCARD 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. Two of the three 2A PICCARD DRIVE sales were for below the average price, whilst one was 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
2023 20 OCT	£265,000	£290,219	9% below HPI
2020 15 JUL	£228,000	£230,790	1% below HPI
2011 18 FEB	£174,950	£164,863	6% above HPI

2A PICCARD 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 2A PICCARD DRIVE sales between February 2011 and October 2023 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 July 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2A PICCARD DRIVE?

2A PICCARD DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 2A PICCARD DRIVE lies on this distribution: 48% of detached houses are smaller than 2A PICCARD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Spalding.

2A PICCARD DRIVE: Plot and Title Map

2A PICCARD DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2A PICCARD 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 2A PICCARD 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 2A PICCARD DRIVE?

2A PICCARD DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 2A on PICCARD DRIVE.