34, WELBY DRIVE, GOSBERTON, SPALDING, PE11 4HU - £190,000

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

34 WELBY DRIVE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £190,000 in September 2021, which was around 28% below the average September 2021 detached price in the South Holland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

34 WELBY DRIVE Sold Prices

Land registry data shows five sales for 34 WELBY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 34 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
2021 9 SEP	£190,000	£262,721	28% below HPI
2016 14 DEC	£137,500	£213,758	36% below HPI
2010 25 NOV	£110,000	£169,525	35% below HPI
2010 18 JUN	£110,000	£178,248	38% below HPI
1997 25 JUL	£41,000	£57,555	29% below HPI

34 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 five 34 WELBY DRIVE sales between July 1997 and September 2021 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 December 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 34 WELBY DRIVE?

34 WELBY DRIVE is 56m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 34 WELBY DRIVE lies on this distribution: 3% of detached houses are smaller than 34 WELBY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

34 WELBY DRIVE: Plot and Title Map

34 WELBY DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 34 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 34 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 34 WELBY DRIVE?

34 WELBY DRIVE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 34 on WELBY DRIVE.