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

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.

40 LILBURN DRIVE is a large extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £300,257. It was last sold for £242,500 in January 2018, which was around 8% 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	£224,668	8% above HPI
2015 24 APR	£190,000	£185,463	2% above HPI
2011 11 MAR	£173,000	£163,702	6% 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 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 40 LILBURN DRIVE be worth now?

40 LILBURN DRIVE might now be worth an estimated £300,257.

This is based on house price inflation of 23.8%, between January 2018 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 23.8% inflationary increase is applied to the most recent sale price for 40 LILBURN DRIVE of £242,500 on 18th January 2018. For the value to have increased from £242,500 to £300,257 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 40 LILBURN DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2018 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 40 LILBURN DRIVE has not materially changed since January 2018.

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 houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 40 LILBURN DRIVE lies on this distribution: 66% of detached houses 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.