24, SHEARERS DRIVE, SPALDING, PE11 3ZJ - £191,000

24 SHEARERS DRIVE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £191,000 in September 2018, which was around 20% below the average September 2018 detached price in the South Holland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

24 SHEARERS DRIVE Sold Prices

Land registry data shows five sales for 24 SHEARERS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five 24 SHEARERS 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
2018 28 SEP	£191,000	£238,085	20% below HPI
2015 27 APR	£160,000	£186,376	14% below HPI
2005 19 OCT	£156,000	£171,637	9% below HPI
2004 4 MAY	£149,950	£154,338	3% below HPI
2002 28 FEB	£83,995	£102,016	18% below HPI

24 SHEARERS 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 five 24 SHEARERS DRIVE sales between February 2002 and September 2018 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 SHEARERS DRIVE?

24 SHEARERS DRIVE is 86m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 24 SHEARERS DRIVE lies on this distribution: 23% of detached houses are smaller than 24 SHEARERS DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Spalding.

24 SHEARERS DRIVE: Plot and Title Map

24 SHEARERS DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 24 SHEARERS 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 24 SHEARERS 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 24 SHEARERS DRIVE?

24 SHEARERS DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 24 on SHEARERS DRIVE.