7, HOEKMAN DRIVE, SPALDING, PE11 3HF - £225,000

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

7 HOEKMAN DRIVE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £225,000 in September 2016, which was around 7% above the average September 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 HOEKMAN DRIVE Sold Prices

Land registry data shows three sales for 7 HOEKMAN 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 7 HOEKMAN 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
2016 20 SEP	£225,000	£210,317	7% above HPI
2002 7 MAR	£117,000	£100,218	17% above HPI
1998 19 MAY	£78,000	£63,133	24% above HPI

7 HOEKMAN 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 7 HOEKMAN DRIVE sales between May 1998 and September 2016 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 March 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 HOEKMAN DRIVE?

7 HOEKMAN DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 7 HOEKMAN DRIVE lies on this distribution: 66% of detached houses are smaller than 7 HOEKMAN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 HOEKMAN DRIVE: Plot and Title Map

7 HOEKMAN DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 7 HOEKMAN 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 7 HOEKMAN 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 7 HOEKMAN DRIVE?

7 HOEKMAN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 7 on HOEKMAN DRIVE.