40, LILBURN DRIVE, SPALDING, PE11 3NY - £242,500

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

40 LILBURN DRIVE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £242,500 in January 2018, which was around 7% above the average January 2018 detached price in the South Holland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

40 LILBURN DRIVE Sold Prices

Land registry data shows three sales for 40 LILBURN 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 40 LILBURN 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
2018 18 JAN	£242,500	£225,774	7% above HPI
2015 24 APR	£190,000	£186,376	2% above HPI
2011 11 MAR	£173,000	£164,508	5% above HPI

40 LILBURN 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 40 LILBURN DRIVE sales between March 2011 and January 2018 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 April 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 40 LILBURN DRIVE?

40 LILBURN DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 40 LILBURN DRIVE lies on this distribution: 66% of detached houses are smaller than 40 LILBURN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Spalding.

40 LILBURN DRIVE: Plot and Title Map

40 LILBURN DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 40 LILBURN 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 40 LILBURN 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 40 LILBURN DRIVE?

40 LILBURN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 40 on LILBURN DRIVE.