31, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £172,500

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

31 SHEARERS DRIVE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £172,500 in December 2012, which was around 2% above the average December 2012 detached price in the South Holland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

31 SHEARERS DRIVE Sold Prices

Land registry data shows three sales for 31 SHEARERS 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 31 SHEARERS DRIVE sales were for above the average price, whilst one was 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
2012 20 DEC	£172,500	£168,985	2% above HPI
2005 31 MAR	£189,950	£170,529	11% above HPI
2002 29 MAY	£104,995	£106,845	2% below HPI

31 SHEARERS 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 31 SHEARERS DRIVE sales between May 2002 and December 2012 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 March 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2012 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 31 SHEARERS DRIVE?

31 SHEARERS DRIVE is 115m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 31 SHEARERS DRIVE lies on this distribution: 55% of detached houses are smaller than 31 SHEARERS DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Spalding.

31 SHEARERS DRIVE: Plot and Title Map

31 SHEARERS DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 31 SHEARERS 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 31 SHEARERS 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 31 SHEARERS DRIVE?

31 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 31 on SHEARERS DRIVE.