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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 TOWN DROVE is a very small extended detached house of 82m², built sometime between 1930 and 1949. 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	£196,397	40% below HPI
1996 22 NOV	£29,950	£55,003	46% 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 46% below the HPI. So the extrapolation line tracks at 46% 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.

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 in Quadring, based on EPC data. The below chart shows the distribution of detached houses by size in Quadring, and where 42 TOWN DROVE lies on this distribution: 9% of detached 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.