6, MITCHELL DRIVE, SPALDING, PE11 2GU - £194,950

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.

6 MITCHELL DRIVE is a large extended terraced house of 121m², built sometime between 2007 and 2011, which could now be worth an estimated £248,203. It was last sold for £194,950 in February 2018, which was around 61% above the average February 2018 terraced price in the South Holland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

6 MITCHELL DRIVE Sold Prices

Land registry data shows three sales for 6 MITCHELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Holland local authority area for the corresponding sale date. All of the three 6 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
2018 22 FEB	£194,950	£121,035	61% above HPI
2015 13 MAR	£167,500	£101,415	65% above HPI
2010 18 FEB	£158,000	£96,491	64% above HPI

6 MITCHELL 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 three 6 MITCHELL DRIVE sales between February 2010 and February 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 March 2015 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2018 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 6 MITCHELL DRIVE be worth now?

6 MITCHELL DRIVE might now be worth an estimated £248,203.

This is based on house price inflation of 27.3%, between February 2018 and April 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 27.3% inflationary increase is applied to the most recent sale price for 6 MITCHELL DRIVE of £194,950 on 22nd February 2018. For the value to have increased from £194,950 to £248,203 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 MITCHELL DRIVE has moved in line with the HPI for terraced houses in the South Holland local authority area.
• The February 2018 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 6 MITCHELL DRIVE has not materially changed since February 2018.

How Large is 6 MITCHELL DRIVE?

6 MITCHELL DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 6 MITCHELL DRIVE lies on this distribution: 62% of terraced houses houses are smaller than 6 MITCHELL DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spalding.

6 MITCHELL DRIVE: Plot and Title Map

6 MITCHELL DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 6 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 6 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 6 MITCHELL DRIVE?

6 MITCHELL DRIVE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 6 on MITCHELL DRIVE.