18, INDEPENDENCE DRIVE, PINCHBECK, SPALDING, PE11 3TR - £164,000

18 INDEPENDENCE DRIVE is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £164,000 in January 2015, which was around 13% below the average January 2015 detached price in the South Holland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

18 INDEPENDENCE DRIVE Sold Prices

Land registry data shows two sales for 18 INDEPENDENCE 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 18 INDEPENDENCE 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
2015 8 JAN	£164,000	£187,823	13% below HPI
2011 21 APR	£133,500	£163,932	19% below HPI

18 INDEPENDENCE 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 18 INDEPENDENCE DRIVE sales from April 2011 and January 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 INDEPENDENCE DRIVE?

18 INDEPENDENCE DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Pinchbeck, based on EPC data. The below chart shows the distribution of detached houses by size in Pinchbeck, and where 18 INDEPENDENCE DRIVE lies on this distribution: 45% of detached houses are smaller than 18 INDEPENDENCE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Pinchbeck.

18 INDEPENDENCE DRIVE: Plot and Title Map

18 INDEPENDENCE DRIVE sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 18 INDEPENDENCE 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 18 INDEPENDENCE 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 18 INDEPENDENCE DRIVE?

18 INDEPENDENCE DRIVE is located in PINCHBECK, in the PE11 postcode district. The below map shows the position of No. 18 on INDEPENDENCE DRIVE.