7, SHERWOOD DRIVE, SPALDING, PE11 1QW - £227,000

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 SHERWOOD DRIVE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £227,000 in July 2019, which was around 3% below the average July 2019 detached price in the South Holland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

7 SHERWOOD DRIVE Sold Prices

Land registry data shows three sales for 7 SHERWOOD 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. Two of the three 7 SHERWOOD DRIVE sales were for below the average price, whilst one was 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
2019 24 JUL	£227,000	£234,679	3% below HPI
2006 9 NOV	£195,000	£186,241	5% above HPI
2003 28 FEB	£115,000	£129,552	11% below HPI

7 SHERWOOD 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 SHERWOOD DRIVE sales between February 2003 and July 2019 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 November 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 7 SHERWOOD DRIVE?

7 SHERWOOD DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 SHERWOOD DRIVE lies on this distribution: 12% of detached houses are smaller than 7 SHERWOOD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 SHERWOOD DRIVE: Plot and Title Map

7 SHERWOOD DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 7 SHERWOOD 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 SHERWOOD 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 SHERWOOD DRIVE?

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