1, Nursery Lane
1, Nursery Lane
Description & Estimates
1, Nursery Lane, Spalding is described in the public record as a modern house with 925 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Nursery Lane, Spalding is £279,905 and its rental estimate is £1,102 per month, given the available information and assuming reasonable condition.
Nursery Lane, Quadring, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
1, Nursery Lane, Spalding has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Nursery Lane, Spalding, we estimate a market value of £293,900 and a rental value of £1,157 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,311 and £1,025 per month respectively.
Recent Market Change
Over the last year, 1, Nursery Lane, Spalding has seen its estimated sale value move down by £10,139 (3.6%) and its estimated rental value increase by £33 per month (3.0%). This results in an estimated gross rental yield of 4.7%.
Energy Efficiency
1, Nursery Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Nursery Lane, Spalding have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was 5, Nursery Lane, Spalding, PE11 4GN, a freehold house which sold for £280,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Nursery Lane, Quadring, Spalding, PE11, 1, Nursery Lane, Spalding comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the PE11 district.
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Schools Nearby
- 800mQuadring Cowley & Brown's Primary School
- 2.4kmThe Donington Cowley Endowed Primary School
- 2.6kmGosberton Academy
- 2.7kmCowley Academy
- 9.4kmThomas Middlecott Academy
- 11.2kmSpalding Academy
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Public Transport Nearby
From 1, Nursery Lane, Spalding, the nearest station is Swineshead, 9.7 kilometres away.
- 9.7kmSwineshead
- 10.6kmSpalding
- 11.4kmHubberts Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
