4, FERN DRIVE, SPALDING, PE11 1GG - £372,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FERN DRIVE is a very large extended detached house of 185m², built sometime between 1996 and 2002, which could now be worth an estimated £444,521. It was last sold for £372,500 in September 2019, which was around 60% above the average September 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

4 FERN DRIVE Sold Prices

Land registry data shows three sales for 4 FERN 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. All of the three 4 FERN DRIVE sales were for above 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
2019 5 SEP	£372,500	£233,108	60% above HPI
2011 11 OCT	£248,000	£169,021	47% above HPI
2007 22 MAR	£247,500	£187,827	32% above HPI

4 FERN 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 4 FERN DRIVE sales between March 2007 and September 2019 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 2011 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 4 FERN DRIVE be worth now?

4 FERN DRIVE might now be worth an estimated £444,521.

This is based on house price inflation of 19.3%, between September 2019 and February 2025, 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 19.3% inflationary increase is applied to the most recent sale price for 4 FERN DRIVE of £372,500 on 5th September 2019. For the value to have increased from £372,500 to £444,521 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 FERN DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2019 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FERN DRIVE has not materially changed since September 2019.

How Large is 4 FERN DRIVE?

4 FERN DRIVE is 185m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% 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 4 FERN DRIVE lies on this distribution: 93% of detached houses houses are smaller than 4 FERN DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 FERN DRIVE: Plot and Title Map

4 FERN DRIVE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 4 FERN 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 4 FERN 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 4 FERN DRIVE?

4 FERN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on FERN DRIVE.