42, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £212,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 SHEARERS DRIVE is a very large extended detached house of 160m², built sometime between 1991 and 1995, which could now be worth an estimated £339,098. It was last sold for £212,000 in January 2006, which was around 19% above the average January 2006 detached price in the South Holland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

42 SHEARERS DRIVE Sold Prices

Land registry data shows two sales for 42 SHEARERS DRIVE since 1^st 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. Both of the two 42 SHEARERS 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
2006 27 JAN	£212,000	£178,797	19% above HPI
2002 26 JUL	£164,995	£111,321	48% above HPI

42 SHEARERS 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 two 42 SHEARERS DRIVE sales from July 2002 and January 2006 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 July 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the January 2006 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 42 SHEARERS DRIVE be worth now?

42 SHEARERS DRIVE might now be worth an estimated £339,098.

This is based on house price inflation of 60%, between January 2006 and December 2024, 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 60% inflationary increase is applied to the most recent sale price for 42 SHEARERS DRIVE of £212,000 on 27th January 2006. For the value to have increased from £212,000 to £339,098 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of 42 SHEARERS DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The January 2006 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SHEARERS DRIVE has not materially changed since January 2006.

How Large is 42 SHEARERS DRIVE?

42 SHEARERS DRIVE is 160m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 42 SHEARERS DRIVE lies on this distribution: 87% of detached houses houses are smaller than 42 SHEARERS DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Spalding.

42 SHEARERS DRIVE: Plot and Title Map

42 SHEARERS DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 42 SHEARERS 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 42 SHEARERS 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 42 SHEARERS DRIVE?

42 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 42 on SHEARERS DRIVE.