9, WEDGEWOOD DRIVE, SPALDING, PE11 3FJ - £176,500

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 WEDGEWOOD DRIVE is a midsized detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £263,015. It was last sold for £176,500 in February 2007, which was around 5% below the average February 2007 detached price in the South Holland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

9 WEDGEWOOD DRIVE Sold Prices

Land registry data shows two sales for 9 WEDGEWOOD 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 9 WEDGEWOOD DRIVE sales was for below the average price, whilst the other was 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
2007 12 FEB	£176,500	£186,675	5% below HPI
1996 13 DEC	£65,500	£54,869	19% above HPI

9 WEDGEWOOD 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 WEDGEWOOD DRIVE sales from December 1996 and February 2007 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 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2007 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 WEDGEWOOD DRIVE be worth now?

9 WEDGEWOOD DRIVE might now be worth an estimated £263,015.

This is based on house price inflation of 49%, between February 2007 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 49% inflationary increase is applied to the most recent sale price for 9 WEDGEWOOD DRIVE of £176,500 on 12th February 2007. For the value to have increased from £176,500 to £263,015 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 9 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The February 2007 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 9 WEDGEWOOD DRIVE has not materially changed since February 2007.

How Large is 9 WEDGEWOOD DRIVE?

9 WEDGEWOOD DRIVE is 103m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% 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 WEDGEWOOD DRIVE lies on this distribution: 42% of detached houses houses are smaller than 9 WEDGEWOOD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Spalding.

9 WEDGEWOOD DRIVE: Plot and Title Map

9 WEDGEWOOD DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 9 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD DRIVE?

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