5, PERCHERON DRIVE, SPALDING, PE11 3GH - £310,000

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

5 PERCHERON DRIVE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £310,000 in January 2024, which was around 11% above the average January 2024 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

5 PERCHERON DRIVE Sold Prices

Land registry data shows six sales for 5 PERCHERON DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the six 5 PERCHERON 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
2024 25 JAN	£310,000	£279,724	11% above HPI
2009 6 JUL	£197,000	£149,168	32% above HPI
2007 6 JUL	£220,000	£194,398	13% above HPI
2005 11 NOV	£203,000	£173,469	17% above HPI
2004 2 SEP	£208,000	£157,328	32% above HPI
2001 30 MAR	£105,995	£90,729	17% above HPI

5 PERCHERON 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 six 5 PERCHERON DRIVE sales between March 2001 and January 2024 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 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 PERCHERON DRIVE?

5 PERCHERON DRIVE is 91m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 5 PERCHERON DRIVE lies on this distribution: 28% of detached houses are smaller than 5 PERCHERON DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 PERCHERON DRIVE: Plot and Title Map

5 PERCHERON DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 5 PERCHERON 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 5 PERCHERON 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 5 PERCHERON DRIVE?

5 PERCHERON DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on PERCHERON DRIVE.