3, SPRING DRIVE, FARCET, PETERBOROUGH, PE7 3AJ - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SPRING DRIVE is a small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £280,567. It was last sold for £170,000 in May 2008, which was around 41% below the average May 2008 detached price in the Huntingdonshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

3 SPRING DRIVE Sold Prices

Land registry data shows two sales for 3 SPRING 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 Huntingdonshire local authority area for the corresponding sale date. Both of the two 3 SPRING 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
2008 8 MAY	£170,000	£290,136	41% below HPI
2001 16 JUL	£93,500	£152,320	39% below HPI

3 SPRING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The two 3 SPRING DRIVE sales from July 2001 and May 2008 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 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2008 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 SPRING DRIVE be worth now?

3 SPRING DRIVE might now be worth an estimated £280,567.

This is based on house price inflation of 65%, between May 2008 and December 2024, for detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 3 SPRING DRIVE of £170,000 on 8th May 2008. For the value to have increased from £170,000 to £280,567 over the fifteen years and five months to December 2024, the following assumptions must hold true:

• The value of 3 SPRING DRIVE has moved in line with the HPI for detached houses in the Huntingdonshire local authority area.
• The May 2008 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING DRIVE has not materially changed since May 2008.

How Large is 3 SPRING DRIVE?

3 SPRING DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses houses in Farcet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farcet, and where 3 SPRING DRIVE lies on this distribution: 30% of detached houses houses are smaller than 3 SPRING DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Farcet.

3 SPRING DRIVE: Plot and Title Map

3 SPRING DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 3 SPRING 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 SPRING 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 SPRING DRIVE?

3 SPRING DRIVE is located in FARCET, in the PE7 postcode district. The below map shows the position of No. 3 on SPRING DRIVE.