46, PICCARD DRIVE, SPALDING, PE11 2GP - £132,500

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.

46 PICCARD DRIVE is a very small terraced house of 58m², built sometime between 2007 and 2011, which could now be worth an estimated £197,334. It was last sold for £132,500 in December 2015, which was around 26% above the average December 2015 terraced price in the South Holland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

46 PICCARD DRIVE Sold Prices

Land registry data shows two sales for 46 PICCARD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Holland local authority area for the corresponding sale date. Both of the two 46 PICCARD 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
2015 3 DEC	£132,500	£105,139	26% above HPI
2008 25 JAN	£134,950	£108,100	25% above HPI

46 PICCARD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Holland local authority area over time, sourced from the HPI. The two 46 PICCARD DRIVE sales from January 2008 and December 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 January 2008 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2015 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 46 PICCARD DRIVE be worth now?

46 PICCARD DRIVE might now be worth an estimated £197,334.

This is based on house price inflation of 48.9%, between December 2015 and May 2026, for terraced 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 48.9% inflationary increase is applied to the most recent sale price for 46 PICCARD DRIVE of £132,500 on 3rd December 2015. For the value to have increased from £132,500 to £197,334 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 46 PICCARD DRIVE has moved in line with the HPI for terraced houses in the South Holland local authority area.
• The December 2015 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 46 PICCARD DRIVE has not materially changed since December 2015.

How Large is 46 PICCARD DRIVE?

46 PICCARD DRIVE is 58m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses houses in Spalding, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Spalding, and where 46 PICCARD DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 46 PICCARD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spalding.

46 PICCARD DRIVE: Plot and Title Map

46 PICCARD DRIVE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 46 PICCARD 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 46 PICCARD 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 46 PICCARD DRIVE?

46 PICCARD DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 46 on PICCARD DRIVE.