Sold price history

Drake Close, Spalding house prices

Homes in Drake Close, Spalding have a median sold price of £124,950 — every figure here comes straight from HM Land Registry. Over the past decade prices are +62% in cash — but +22% once inflation is stripped out.

Median sold price
£124,950
10 years · cash
+62%
10 years · real
+22%
HM Land Registry · 7 sales · 5 with floor area · Updated 26 Feb 2016

Key facts

Median price
£124,950
Price per m²
£1,451
Sales recorded
7
Price range
£79,950 – £218,500

Drake Close, Spalding prices since 2002

Drake Close, Spalding — median sold price since 2002
2016 £0£80,072£160,143£240,215£320,287 2016 peak 2002 2016
Cash price Today’s money (real)

Headline growth of +62% shrinks to +22% once inflation is removed — the gap portals rarely show.

Recent sales in Drake Close, Spalding

The most recent homes sold here, straight from the HM Land Registry record.

DateAddressTypePrice£/m²
26 Feb 20162 Drake Close · PE11 2FYDetached
Freehold
£218,500£1,951
12 Jun 20143 Drake Close · PE11 2FYDetached
Freehold
£134,995£2,177
28 May 20045 Drake Close · PE11 2FYDetached
Freehold
£135,000
19 Dec 20024 Drake Close · PE11 2FYDetached
New build · Freehold
£124,950
26 Jul 20022 Drake Close · PE11 2FYDetached
New build · Freehold
£123,950£1,107
31 May 20023 Drake Close · PE11 2FYDetached
New build · Freehold
£89,950£1,451
31 May 20021 Drake Close · PE11 2FYSemi-detached
New build · Freehold
£79,950£1,095

Category A (standard) sales. £/m² shown where an EPC floor-area match exists.

Biggest price gains in Drake Close, Spalding

Homes that have changed hands more than once, ranked by their annual return — in cash and, where we have the inflation data, after adjusting for it.

AddressFirst soldLast soldTimesCash returnReal return
2, Drake Close£123,950
26 Jul 2002
£218,500
26 Feb 2016
2+4%
per year
+2%
inflation-adjusted
3, Drake Close£89,950
31 May 2002
£134,995
12 Jun 2014
2+3%
per year
+1%
inflation-adjusted

Category A (standard) sales that changed hands at least twice. Real return adjusts for inflation using ONS CPIH where available.

How Drake Close, Spalding compares

Rank in the town
884th of 1,292 streets in Spalding
Rank in the postcode district
445th of 674 streets in PE11
Against the town median
6% below the Spalding median of £132,500
Against England & Wales
20% below the national median of £157,000

Drake Close, Spalding house prices — your questions

What is the average house price in Drake Close, Spalding?

Homes in Drake Close, Spalding have a median sold price of £124,950 — the middle of 7 recorded transactions.

What is the price range of homes sold in Drake Close, Spalding?

Recorded sales in Drake Close, Spalding range from £79,950 to £218,500. The range includes flats and large detached homes alike.

Have house prices in Drake Close, Spalding risen?

Over the past decade prices in Drake Close, Spalding are +62% in cash terms but +22% once adjusted for inflation using ONS CPIH — the gap between the two is the real story.

How much is a house per square metre in Drake Close, Spalding?

In Drake Close, Spalding the median price is £1,451 per square metre, from 5 sales matched to an EPC floor-area record.

How up to date is this data?

HM Land Registry publishes Price Paid Data monthly. The most recent sale recorded in Drake Close, Spalding was 26 February 2016.

Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0. See our methodology.

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