4, MITCHELL DRIVE, SPALDING, PE11 2GU - £230,500

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.

4 MITCHELL DRIVE is a large detached house of 130m², which could now be worth an estimated £283,461. It was last sold for £230,500 in December 2017, which was around 1% above the average December 2017 detached price in the South Holland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

4 MITCHELL DRIVE Sold Prices

Land registry data shows two sales for 4 MITCHELL 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 4 MITCHELL 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 5 DEC	£230,500	£228,250	1% above HPI
2009 27 NOV	£179,950	£159,145	13% above HPI

4 MITCHELL 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 4 MITCHELL DRIVE sales from November 2009 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 November 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 MITCHELL DRIVE be worth now?

4 MITCHELL DRIVE might now be worth an estimated £283,461.

This is based on house price inflation of 23%, between December 2017 and April 2026, 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 23% inflationary increase is applied to the most recent sale price for 4 MITCHELL DRIVE of £230,500 on 5th December 2017. For the value to have increased from £230,500 to £283,461 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 4 MITCHELL DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The December 2017 sale price of £230,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MITCHELL DRIVE has not materially changed since December 2017.

How Large is 4 MITCHELL DRIVE?

4 MITCHELL DRIVE is 130m² according to the EPC inspection conducted in July 2009. 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 4 MITCHELL DRIVE lies on this distribution: 71% of detached houses houses are smaller than 4 MITCHELL DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 MITCHELL DRIVE: Plot and Title Map

4 MITCHELL DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 4 MITCHELL 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 4 MITCHELL 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 4 MITCHELL DRIVE?

4 MITCHELL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on MITCHELL DRIVE.