7, RUSSELL DRIVE, COWBIT, SPALDING, PE12 6XH - £240,000

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 RUSSELL DRIVE is a very large extended detached house of 207m², built sometime between 1991 and 1995. It was last sold for £240,000 in May 2015, which was around 28% above the average May 2015 detached price in the South Holland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

7 RUSSELL DRIVE Sold Prices

Land registry data shows two sales for 7 RUSSELL 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 7 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
2015 13 MAY	£240,000	£188,202	28% above HPI
2000 7 JUL	£142,052	£83,163	71% above HPI

7 RUSSELL 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 7 RUSSELL DRIVE sales from July 2000 and May 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 July 2000 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the May 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 7 RUSSELL DRIVE?

7 RUSSELL DRIVE is 207m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Cowbit, based on EPC data. The below chart shows the distribution of detached houses by size in Cowbit, and where 7 RUSSELL DRIVE lies on this distribution: 96% of detached houses are smaller than 7 RUSSELL DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cowbit.

7 RUSSELL DRIVE: Plot and Title Map

7 RUSSELL DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 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 7 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 7 RUSSELL DRIVE?

7 RUSSELL DRIVE is located in COWBIT, in the PE12 postcode district. The below map shows the position of No. 7 on RUSSELL DRIVE.