8, PLATFORM DRIVE, LONG SUTTON, SPALDING, PE12 9FB - £123,000

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 PLATFORM DRIVE is a very small detached house of 49m², built sometime between 1996 and 2002. It was last sold for £123,000 in October 2013, which was around 29% below the average October 2013 detached price in the South Holland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

8 PLATFORM DRIVE Sold Prices

Land registry data shows two sales for 8 PLATFORM 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. Both of the two 8 PLATFORM DRIVE sales were 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
2013 8 OCT	£123,000	£173,985	29% below HPI
1998 18 DEC	£53,500	£65,082	18% below HPI

8 PLATFORM 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 PLATFORM DRIVE sales from December 1998 and October 2013 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 December 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 PLATFORM DRIVE?

8 PLATFORM DRIVE is 49m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 PLATFORM DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 8 PLATFORM DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Long Sutton.

8 PLATFORM DRIVE: Plot and Title Map

8 PLATFORM DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 8 PLATFORM 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 PLATFORM 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 PLATFORM DRIVE?

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