38, WELBY DRIVE, GOSBERTON, SPALDING, PE11 4HU - £174,000

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

38 WELBY DRIVE is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £174,000 in November 2017, which was around 23% below the average November 2017 detached price in the South Holland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

38 WELBY DRIVE Sold Prices

Land registry data shows four sales for 38 WELBY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 38 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
2017 1 NOV	£174,000	£227,415	23% below HPI
2005 7 OCT	£152,500	£171,637	11% below HPI
1998 19 OCT	£42,000	£65,258	36% below HPI
1995 16 AUG	£52,500	£52,857	1% below HPI

38 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 four 38 WELBY DRIVE sales between August 1995 and November 2017 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 WELBY DRIVE?

38 WELBY DRIVE is 123m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 38 WELBY DRIVE lies on this distribution: 62% of detached houses are smaller than 38 WELBY DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

38 WELBY DRIVE: Plot and Title Map

38 WELBY DRIVE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 38 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 38 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 38 WELBY DRIVE?

38 WELBY DRIVE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 38 on WELBY DRIVE.