3, WELBY DRIVE, GOSBERTON, SPALDING, PE11 4HU - £189,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 WELBY DRIVE is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £189,000 in November 2018, which was around 20% below the average November 2018 detached price in the South Holland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

3 WELBY DRIVE Sold Prices

Land registry data shows two sales for 3 WELBY 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 WELBY 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
2018 27 NOV	£189,000	£237,025	20% below HPI
2002 28 AUG	£112,000	£114,036	2% below HPI

3 WELBY 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 WELBY DRIVE sales from August 2002 and November 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 August 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 WELBY DRIVE?

3 WELBY DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 3 WELBY DRIVE lies on this distribution: 32% of detached houses are smaller than 3 WELBY DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

3 WELBY DRIVE: Plot and Title Map

3 WELBY DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 WELBY 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 WELBY 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 WELBY DRIVE?

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