12, Raithby Road
12, Raithby Road
Description & Estimates
12, Raithby Road, Spilsby is described in the public record as an early-century house with 1,140 ft2 of internal area, sitting on a 589 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Raithby Road, Spilsby is £261,878 and its rental estimate is £1,032 per month, given the available information and assuming reasonable condition.
Raithby Road, Hundleby, Spilsby, PE23 falls within the PE23 postal district, in the borough of East Lindsey.
Our Data Sources
12, Raithby Road, Spilsby has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2015.
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 12, Raithby Road, Spilsby, we estimate a market value of £274,972 and a rental value of £1,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £243,547 and £960 per month respectively.
Recent Market Change
Over the last year, 12, Raithby Road, Spilsby has seen its estimated sale value decrease by £8,105 (3.1%) and its estimated rental value grow by £35 per month (3.4%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 12, Raithby Road, Spilsby as measuring 589 m2.
That makes it the 8th largest plot in the postcode, where 12 of the 20 other houses have recorded plot data.
Energy Efficiency
12, Raithby Road, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of 12, Raithby Road, Spilsby completed on 5th December 2006 at £162,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
- Sold Dec 2006£162,500
- Sold May 2002£96,000
- Sold Jan 1995£40,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Raithby Road, Spilsby have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2025, was 8, The Gables, Spilsby, PE23 5RD, a freehold house which sold for £285,000.
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 20 addresses on Raithby Road, Hundleby, Spilsby, PE23, 12, Raithby Road, Spilsby comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the PE23 district.
More reading links
Schools Nearby
- 1.8kmSpilsby Primary School
- 3.3kmToynton All Saints Primary School
- 3.4kmPartney Church of England Aided Primary School
- 1.6kmKing Edward VI Academy
- 10.7kmWilliam Lovell Church of England Academy
- 11.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
More reading links
Public Transport Nearby
From 12, Raithby Road, Spilsby, the nearest station is Thorpe Culvert, 10.8 kilometres away.
- 10.8kmThorpe Culvert
- 13.8kmWainfleet
- 15.4kmHavenhouse
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
