40, PICCARD DRIVE, SPALDING, PE11 2GP - £136,000

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

40 PICCARD DRIVE is a very small semi-detached house of 58m², built sometime from 2007 onwards. It was last sold for £136,000 in April 2017, which was around 38% below the average April 2017 detached price in the South Holland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

40 PICCARD DRIVE Sold Prices

Land registry data shows three sales for 40 PICCARD 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 PICCARD 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
2017 3 APR	£136,000	£220,255	38% below HPI
2011 30 JUN	£109,995	£159,412	31% below HPI
2007 26 OCT	£134,950	£197,710	32% below HPI

40 PICCARD 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 PICCARD DRIVE sales between October 2007 and April 2017 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 June 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 40 PICCARD DRIVE?

40 PICCARD DRIVE is 58m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 40 PICCARD DRIVE lies on this distribution: 2% of detached houses are smaller than 40 PICCARD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spalding.

40 PICCARD DRIVE: Plot and Title Map

40 PICCARD DRIVE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 40 PICCARD 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 PICCARD 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 PICCARD DRIVE?

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