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
4 PARK DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £205,000 in November 2014, which was around 14% below the average November 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 PARK 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 Kesteven local authority area for the corresponding sale date. All of the three 4 PARK 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 |
---|---|---|---|
2014 13 NOV | £205,000 | £237,784 | 14% below HPI |
2000 24 NOV | £89,000 | £111,551 | 20% below HPI |
1999 5 OCT | £79,950 | £95,784 | 17% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 4 PARK DRIVE sales between October 1999 and November 2014 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
4 PARK DRIVE is 69m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 4 PARK DRIVE lies on this distribution: 3% of detached houses are smaller than 4 PARK DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
4 PARK DRIVE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 4 PARK 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 PARK 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 PARK DRIVE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 4 on PARK DRIVE.