5, PICCARD DRIVE, SPALDING, PE11 2GP - £200,000

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 PICCARD DRIVE is a midsized extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £200,000 in November 2021, which was around 26% below the average November 2021 detached price in the South Holland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

5 PICCARD DRIVE Sold Prices

Land registry data shows three sales for 5 PICCARD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three 5 PICCARD 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
2021 4 NOV	£200,000	£268,918	26% below HPI
2014 22 JAN	£156,000	£169,973	8% below HPI
2007 30 APR	£182,950	£191,303	4% below HPI

5 PICCARD 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 three 5 PICCARD DRIVE sales between April 2007 and November 2021 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 January 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 PICCARD DRIVE?

5 PICCARD DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% 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 PICCARD DRIVE lies on this distribution: 42% of detached houses are smaller than 5 PICCARD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 PICCARD DRIVE: Plot and Title Map

5 PICCARD DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 5 PICCARD 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 PICCARD 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 PICCARD DRIVE?

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