40, WELBY DRIVE, GOSBERTON, SPALDING, PE11 4HU - £195,000

40 WELBY DRIVE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £195,000 in January 2024, which was around 29% below the average January 2024 detached price in the South Holland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

40 WELBY DRIVE Sold Prices

Land registry data shows four sales for 40 WELBY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 40 WELBY 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
2024 17 JAN	£195,000	£276,281	29% below HPI
2016 20 MAY	£125,000	£212,166	41% below HPI
2003 6 NOV	£99,500	£150,012	34% below HPI
2001 23 MAR	£58,500	£90,729	36% below HPI

40 WELBY 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 four 40 WELBY DRIVE sales between March 2001 and January 2024 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 May 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 40 WELBY DRIVE?

40 WELBY DRIVE is 58m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Gosberton, based on EPC data. The below chart shows the distribution of detached houses by size in Gosberton, and where 40 WELBY DRIVE lies on this distribution: 5% of detached houses are smaller than 40 WELBY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gosberton.

40 WELBY DRIVE: Plot and Title Map

40 WELBY DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 40 WELBY 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 40 WELBY 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 40 WELBY DRIVE?

40 WELBY DRIVE is located in GOSBERTON, in the PE11 postcode district. The below map shows the position of No. 40 on WELBY DRIVE.