3, SHERWOOD DRIVE, SPALDING, PE11 1QW - £233,000

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

3 SHERWOOD DRIVE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £233,000 in December 2017, which was around 2% above the average December 2017 detached price in the South Holland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

3 SHERWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 SHERWOOD 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. Both of the two 3 SHERWOOD 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
2017 4 DEC	£233,000	£229,374	2% above HPI
1996 25 JUL	£63,000	£56,296	12% above HPI

3 SHERWOOD 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 3 SHERWOOD DRIVE sales from July 1996 and December 2017 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 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 SHERWOOD DRIVE?

3 SHERWOOD DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 3 SHERWOOD DRIVE lies on this distribution: 36% of detached houses are smaller than 3 SHERWOOD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 SHERWOOD DRIVE: Plot and Title Map

3 SHERWOOD DRIVE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 3 SHERWOOD 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 3 SHERWOOD 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 3 SHERWOOD DRIVE?

3 SHERWOOD DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 3 on SHERWOOD DRIVE.