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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Academy Close, Spalding is a modern freehold house with 1,065 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Academy Close, Spalding is £213,138 and the estimated rental value is £1,111 per month.
Academy Close, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
1, Academy Close, Spalding has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Academy Close, Spalding is in very good condition we estimate a sale value of £223,795 and a rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,218 and a rental value of £1,034 per month.
Over the last 12 months the sale value of 1 Academy Close Spalding has decreased by an estimated £5,096 (2.4%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 1, Academy Close, Spalding sits on a plot of 234m2.
We have plot size data on 4 out of 10 other houses in the postcode and 1, Academy Close, Spalding sits on the largest plot.
1, Academy Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Academy Close, Spalding was last sold on 18th October 2019 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Academy Close, Spalding within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Ashburton Close, Spalding, PE12 7RR, a freehold house which sold for £267,500 on the 11th August 2023.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Academy Close, Holbeach, Spalding, PE12 has a total of 10 addresses. According to our analysis of all the public data, 1, Academy Close, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in PE12.
The closest station to 1, Academy Close, Spalding is Spalding station which is 12.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Academy Close, Spalding, 37.7% of property is privately owned outright and 29.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Academy Close, Spalding, 16.6% of residents are recorded as possessing school level qualifications and 18.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Academy Close, Spalding, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Academy Close, Spalding, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Academy Close, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
