9, HOEKMAN DRIVE, SPALDING, PE11 3HF - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 HOEKMAN DRIVE is a large extended detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £304,625. It was last sold for £249,950 in December 2017, which was around 10% above the average December 2017 detached price in the South Holland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

9 HOEKMAN DRIVE Sold Prices

Land registry data shows two sales for 9 HOEKMAN 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 9 HOEKMAN 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
2017 15 DEC	£249,950	£228,250	10% above HPI
1996 29 OCT	£59,950	£55,203	9% above HPI

9 HOEKMAN 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 9 HOEKMAN DRIVE sales from October 1996 and December 2017 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 October 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 9 HOEKMAN DRIVE be worth now?

9 HOEKMAN DRIVE might now be worth an estimated £304,625.

This is based on house price inflation of 21.9%, between December 2017 and February 2025, 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 21.9% inflationary increase is applied to the most recent sale price for 9 HOEKMAN DRIVE of £249,950 on 15th December 2017. For the value to have increased from £249,950 to £304,625 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 HOEKMAN DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2017 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 9 HOEKMAN DRIVE has not materially changed since December 2017.

How Large is 9 HOEKMAN DRIVE?

9 HOEKMAN DRIVE is 142m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% 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 9 HOEKMAN DRIVE lies on this distribution: 79% of detached houses houses are smaller than 9 HOEKMAN DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Spalding.

9 HOEKMAN DRIVE: Plot and Title Map

9 HOEKMAN DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 9 HOEKMAN 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 9 HOEKMAN 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 9 HOEKMAN DRIVE?

9 HOEKMAN DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 9 on HOEKMAN DRIVE.