12, Maddison Lane
12, Maddison Lane
Description & Estimates
12, Maddison Lane, Spilsby is recorded publicly as an early-century freehold house across 1,022 ft2 of internal area, sitting on a 369 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Maddison Lane, Spilsby is £177,046 and its rental estimate is £900 per month, given the available information and assuming reasonable condition.
Maddison Lane, Partney, Spilsby, PE23 falls within the PE23 postal district, in the borough of East Lindsey.
Our Data Sources
12, Maddison Lane, Spilsby has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated July 2013.
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 12, Maddison Lane, Spilsby, we estimate a market value of £185,898 and a rental value of £945 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,653 and £837 per month respectively.
Recent Market Change
Over the last year, 12, Maddison Lane, Spilsby has seen its estimated sale value drop by £5,479 (3.1%) and its estimated rental value rise by £30 per month (3.4%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 12, Maddison Lane, Spilsby as measuring 369 m2.
That makes it the 11th largest plot in the postcode, where 18 of the 29 other houses have recorded plot data.
Energy Efficiency
12, Maddison Lane, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 12, Maddison Lane, Spilsby completed on 9th December 2013 at £112,500 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 47.1% over the period since December 2013.
- Sold Dec 2013£112,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Maddison Lane, Spilsby have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2025, was 16, Lady Jane Franklin Drive, Spilsby, PE23 5GB, a freehold house which sold for £195,000.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Maddison Lane, Partney, Spilsby, PE23, 12, Maddison Lane, Spilsby comes out as the 6th largest and the 9th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the PE23 district.
More reading links
Schools Nearby
- 0mPartney Church of England Aided Primary School
- 2.3kmSpilsby Primary School
- 3.7kmHalton Holegate CofE Primary School
- 2.3kmKing Edward VI Academy
- 8.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 8.6kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From 12, Maddison Lane, Spilsby, the nearest station is Thorpe Culvert, 9.9 kilometres away.
- 9.9kmThorpe Culvert
- 12.9kmWainfleet
- 14.0kmHavenhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
