6, RUSSELL DRIVE, COWBIT, SPALDING, PE12 6XH - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 RUSSELL DRIVE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £221,797. It was last sold for £202,000 in August 2021, which was around 16% above the average August 2021 semi-detached price in the South Holland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

6 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 6 RUSSELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Holland local authority area for the corresponding sale date. All of the three 6 RUSSELL 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
2021 26 AUG	£202,000	£173,978	16% above HPI
2004 16 JUL	£127,000	£104,242	22% above HPI
2000 7 JUN	£67,450	£51,715	30% above HPI

6 RUSSELL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Holland local authority area over time, sourced from the HPI. The three 6 RUSSELL DRIVE sales between June 2000 and August 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 July 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 6 RUSSELL DRIVE be worth now?

6 RUSSELL DRIVE might now be worth an estimated £221,797.

This is based on house price inflation of 9.8%, between August 2021 and February 2025, for semi-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 9.8% inflationary increase is applied to the most recent sale price for 6 RUSSELL DRIVE of £202,000 on 26th August 2021. For the value to have increased from £202,000 to £221,797 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 6 RUSSELL DRIVE has moved in line with the HPI for semi-detached houses in the South Holland local authority area.
• The August 2021 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RUSSELL DRIVE has not materially changed since August 2021.

How Large is 6 RUSSELL DRIVE?

6 RUSSELL DRIVE is 74m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of semi-detached houses houses in Cowbit, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cowbit, and where 6 RUSSELL DRIVE lies on this distribution: 8% of semi-detached houses houses are smaller than 6 RUSSELL DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

6 RUSSELL DRIVE: Plot and Title Map

6 RUSSELL DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 6 RUSSELL 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 6 RUSSELL 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 6 RUSSELL DRIVE?

6 RUSSELL DRIVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 6 on RUSSELL DRIVE.