11, Defoe Lane
11, Defoe Lane
Description & Estimates
11, Defoe Lane, Spalding is recorded publicly as a modern freehold house across 882 ft2 of internal area, sitting on a 200 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Defoe Lane, Spalding is £186,790 and its rental estimate is £1,021 per month, given the available information and assuming reasonable condition.
Defoe Lane, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
11, Defoe Lane, Spalding has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that 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 11, Defoe Lane, Spalding, we estimate a market value of £196,130 and a rental value of £1,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,715 and £950 per month respectively.
Recent Market Change
Over the last year, 11, Defoe Lane, Spalding has seen its estimated sale value drop by £6,766 (3.6%) and its estimated rental value rise by £31 per month (3.0%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 11, Defoe Lane, Spalding as measuring 200 m2.
That makes it the 4th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
11, Defoe Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Defoe Lane, Spalding completed on 22nd July 2021 at £181,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.2% over the period since July 2021.
- Sold Jul 2021£181,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Defoe Lane, Spalding have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2022, was 7, Faulkner Drive, Spalding, PE11 1YJ, a freehold house which sold for £194,995.
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 12 addresses on Defoe Lane, Spalding, PE11, 11, Defoe Lane, Spalding comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the PE11 district.
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Schools Nearby
- 700mThe Spalding St John the Baptist Church of England Primary School
- 1.1kmMonkshouse Primary Academy
- 1.5kmSt Norbert's Catholic Voluntary Academy
- 1.4kmSpalding Grammar School
- 2.0kmSpalding High School
- 2.4kmSpalding Academy
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Public Transport Nearby
From 11, Defoe Lane, Spalding, the nearest station is Spalding, 1.7 kilometres away.
- 1.7kmSpalding
- 21.6kmSwineshead
- 22.6kmHubberts Bridge
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
