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
4 FERN DRIVE is a very large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £372,500 in September 2019, which was around 59% 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.
Land registry data shows three sales for 4 FERN DRIVE since 1st 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 | £234,256 | 59% above HPI |
2011 11 OCT | £248,000 | £169,853 | 46% above HPI |
2007 22 MAR | £247,500 | £188,752 | 31% above HPI |
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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.
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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 4 FERN DRIVE lies on this distribution: 93% of detached 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 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.
4 FERN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on FERN DRIVE.