37, WELBECK DRIVE, SPALDING, PE11 1PD - £325,000

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

37 WELBECK DRIVE is a very large extended detached house of 153m², built sometime between 1983 and 1990, which could now be worth an estimated £365,664. It was last sold for £325,000 in June 2021, which was around 28% above the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

37 WELBECK DRIVE Sold Prices

Land registry data shows two sales for 37 WELBECK 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. One of the two 37 WELBECK DRIVE sales was for above the average price, whilst the other 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
2021 4 JUN	£325,000	£254,185	28% above HPI
2007 30 NOV	£169,000	£197,139	14% below HPI

37 WELBECK 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 37 WELBECK DRIVE sales from November 2007 and June 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 November 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 37 WELBECK DRIVE be worth now?

37 WELBECK DRIVE might now be worth an estimated £365,664.

This is based on house price inflation of 12.5%, between June 2021 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for 37 WELBECK DRIVE of £325,000 on 4th June 2021. For the value to have increased from £325,000 to £365,664 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 37 WELBECK DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 37 WELBECK DRIVE has not materially changed since June 2021.

How Large is 37 WELBECK DRIVE?

37 WELBECK DRIVE is 153m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 37 WELBECK DRIVE lies on this distribution: 84% of detached houses houses are smaller than 37 WELBECK DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Spalding.

37 WELBECK DRIVE: Plot and Title Map

37 WELBECK DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 37 WELBECK 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 37 WELBECK 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 37 WELBECK DRIVE?

37 WELBECK DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 37 on WELBECK DRIVE.