8, FERN DRIVE, SPALDING, PE11 1GG - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FERN DRIVE is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £360,000 in June 2021, which was around 42% above the average June 2021 detached price in the South Holland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was B.

8 FERN DRIVE Sold Prices

Land registry data shows three sales for 8 FERN 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 8 FERN 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 24 JUN	£360,000	£254,185	42% above HPI
2005 2 SEP	£269,950	£170,926	58% above HPI
2000 27 APR	£144,995	£77,085	88% above HPI

8 FERN 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 8 FERN DRIVE sales between April 2000 and June 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 September 2005 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 8 FERN DRIVE be worth now?

8 FERN DRIVE might now be worth an estimated £405,044.

This is based on house price inflation of 12.5%, between June 2021 and December 2024, for 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 12.5% inflationary increase is applied to the most recent sale price for 8 FERN DRIVE of £360,000 on 24th June 2021. For the value to have increased from £360,000 to £405,044 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 8 FERN DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERN DRIVE has not materially changed since June 2021.

How Large is 8 FERN DRIVE?

8 FERN DRIVE is 171m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 8 FERN DRIVE lies on this distribution: 90% of detached houses houses are smaller than 8 FERN DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 FERN DRIVE: Plot and Title Map

8 FERN DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 8 FERN 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 8 FERN 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 8 FERN DRIVE?

8 FERN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 8 on FERN DRIVE.