8, LANCASTER DRIVE, LONG SUTTON, SPALDING, PE12 9BD - £185,000

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

8 LANCASTER DRIVE is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2014, which was around 2% above the average August 2014 detached price in the South Holland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

8 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 8 LANCASTER 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 8 LANCASTER DRIVE sales was for above the average price, whilst the other was for below 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
2014 29 AUG	£185,000	£181,746	2% above HPI
2012 29 MAR	£135,000	£156,838	14% below HPI

8 LANCASTER 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 8 LANCASTER DRIVE sales from March 2012 and August 2014 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 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 LANCASTER DRIVE?

8 LANCASTER DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Long Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Sutton, and where 8 LANCASTER DRIVE lies on this distribution: 91% of detached houses are smaller than 8 LANCASTER DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

8 LANCASTER DRIVE: Plot and Title Map

8 LANCASTER DRIVE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 8 LANCASTER 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 LANCASTER 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 LANCASTER DRIVE?

8 LANCASTER DRIVE is located in LONG SUTTON, in the PE12 postcode district. The below map shows the position of No. 8 on LANCASTER DRIVE.