8, MAYFAIR DRIVE, SPALDING, PE11 2UG - £227,500

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 MAYFAIR DRIVE is a very large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £227,500 in November 2015, which was around 15% above the average November 2015 detached price in the South Holland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

8 MAYFAIR DRIVE Sold Prices

Land registry data shows three sales for 8 MAYFAIR 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 MAYFAIR 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 16 NOV	£227,500	£197,594	15% above HPI
2013 15 APR	£190,000	£161,486	18% above HPI
2003 25 MAR	£165,000	£131,725	25% above HPI

8 MAYFAIR 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 MAYFAIR DRIVE sales between March 2003 and November 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 April 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 MAYFAIR DRIVE?

8 MAYFAIR DRIVE is 165m², which includes four extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 8 MAYFAIR DRIVE lies on this distribution: 89% of detached houses are smaller than 8 MAYFAIR DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Spalding.

8 MAYFAIR DRIVE: Plot and Title Map

8 MAYFAIR DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 8 MAYFAIR 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 MAYFAIR 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 MAYFAIR DRIVE?

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