42, TOWN DROVE, QUADRING FEN, SPALDING, PE11 4QL - £117,000

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 TOWN DROVE is a very small extended detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £171,211. It was last sold for £117,000 in October 2015, which was around 40% below the average October 2015 detached price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was A.

42 TOWN DROVE Sold Prices

Land registry data shows two sales for 42 TOWN DROVE 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 TOWN DROVE 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
2015 21 OCT	£117,000	£195,435	40% below HPI
1996 22 NOV	£29,950	£54,733	45% below HPI

42 TOWN DROVE 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 TOWN DROVE sales from November 1996 and October 2015 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 November 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 42 TOWN DROVE be worth now?

42 TOWN DROVE might now be worth an estimated £171,211.

This is based on house price inflation of 46.3%, between October 2015 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 46.3% inflationary increase is applied to the most recent sale price for 42 TOWN DROVE of £117,000 on 21st October 2015. For the value to have increased from £117,000 to £171,211 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 42 TOWN DROVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2015 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 42 TOWN DROVE has not materially changed since October 2015.

How Large is 42 TOWN DROVE?

42 TOWN DROVE is 82m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Quadring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quadring, and where 42 TOWN DROVE lies on this distribution: 9% of detached houses houses are smaller than 42 TOWN DROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Quadring.

42 TOWN DROVE: Plot and Title Map

42 TOWN DROVE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 42 TOWN DROVE, 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 TOWN DROVE). 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 TOWN DROVE?

42 TOWN DROVE is located in QUADRING FEN, in the PE11 postcode district. The below map shows the position of No. 42 on TOWN DROVE.