4, LAVENDER DRIVE, SPALDING, PE11 1YR - £214,000

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 LAVENDER DRIVE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £214,000 in July 2021, which was around 17% below the average July 2021 detached price in the South Holland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

4 LAVENDER DRIVE Sold Prices

Land registry data shows four sales for 4 LAVENDER 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. The four 4 LAVENDER DRIVE sales were a mix of below the average price, and roughly equal to 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 22 JUL	£214,000	£258,087	17% below HPI
2013 22 NOV	£159,000	£170,290	7% below HPI
2002 27 SEP	£104,950	£118,411	11% below HPI
1998 13 JUL	£62,950	£62,920	Close to HPI

4 LAVENDER 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 4 LAVENDER DRIVE sales between July 1998 and July 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 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 LAVENDER DRIVE?

4 LAVENDER DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 LAVENDER DRIVE lies on this distribution: 26% of detached houses are smaller than 4 LAVENDER DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 LAVENDER DRIVE: Plot and Title Map

4 LAVENDER DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 4 LAVENDER 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 LAVENDER 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 LAVENDER DRIVE?

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