7, WEDGEWOOD DRIVE, SPALDING, PE11 3FJ - £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 WEDGEWOOD DRIVE is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £225,000 in September 2019, which was around 4% below the average September 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

7 WEDGEWOOD DRIVE Sold Prices

Land registry data shows two sales for 7 WEDGEWOOD 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. One of the two 7 WEDGEWOOD DRIVE sales was for below the average price, whilst the other 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 30 SEP	£225,000	£234,256	4% below HPI
1997 21 APR	£81,950	£59,353	38% above HPI

7 WEDGEWOOD 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 WEDGEWOOD DRIVE sales from April 1997 and September 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 April 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 WEDGEWOOD DRIVE?

7 WEDGEWOOD DRIVE is 122m² according to the EPC inspection conducted in September 2018. 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 WEDGEWOOD DRIVE lies on this distribution: 63% of detached houses are smaller than 7 WEDGEWOOD DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Spalding.

7 WEDGEWOOD DRIVE: Plot and Title Map

7 WEDGEWOOD DRIVE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 7 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD DRIVE?

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