48, WELBY DRIVE, GOSBERTON, SPALDING, PE11 4HU - £167,500

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

48 WELBY DRIVE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £167,500 in November 2015, which was around 15% below the average November 2015 detached price in the South Holland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was A.

48 WELBY DRIVE Sold Prices

Land registry data shows two sales for 48 WELBY 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 48 WELBY 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
2015 23 NOV	£167,500	£197,594	15% below HPI
2014 24 FEB	£118,000	£174,564	32% below HPI

48 WELBY 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 48 WELBY DRIVE sales from February 2014 and November 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 February 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 48 WELBY DRIVE?

48 WELBY DRIVE is 62m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 48 WELBY DRIVE lies on this distribution: 8% of detached houses are smaller than 48 WELBY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

48 WELBY DRIVE: Plot and Title Map

48 WELBY DRIVE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 48 WELBY 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 48 WELBY 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 48 WELBY DRIVE?

48 WELBY DRIVE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 48 on WELBY DRIVE.