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
41 CATHEDRAL DRIVE is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £233,000 in December 2020, which was around 4% below the average December 2020 detached price in the South Holland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 41 CATHEDRAL DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. One of the two 41 CATHEDRAL DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2020 3 DEC | £233,000 | £242,565 | 4% below HPI |
1997 9 MAY | £68,000 | £59,061 | 15% above HPI |
The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 41 CATHEDRAL DRIVE sales from May 1997 and December 2020 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 May 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
41 CATHEDRAL DRIVE is 116m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 41 CATHEDRAL DRIVE lies on this distribution: 55% of detached houses are smaller than 41 CATHEDRAL DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Spalding.
41 CATHEDRAL DRIVE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 41 CATHEDRAL 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 41 CATHEDRAL 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.
41 CATHEDRAL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 41 on CATHEDRAL DRIVE.