127, Main Road
127, Main Road
Description & Estimates
According to the public record, 127, Main Road, Spilsby is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,726 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 127, Main Road, Spilsby is £597,009 and the estimated rental value is £1,955 per month.
Main Road, Hundleby, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Our Data Sources
127, Main Road, Spilsby has a single entry in the Land Registry from April 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 127, Main Road, Spilsby is in very good condition we estimate a sale value of £626,859 and a rental value of £2,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,218 and a rental value of £1,818 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 127, Main Road, Spilsby has decreased by £29,593 (5.0%), while its estimated rental value has grown by £28 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Sold Prices
According to HM Land Registry, 127, Main Road, Spilsby was last sold on 6th April 2023 for £830,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped by 16.2%.
- Sold Apr 2023£830,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Main Road, Spilsby within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 138, Main Road, Spilsby, PE23 5NQ, a freehold house which sold for £595,000 on the 8th May 2024.
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
Main Road, Hundleby, Spilsby, PE23 has a total of 129 addresses. According to our analysis of all the public data, 127, Main Road, Spilsby is the 10th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £353k more expensive than the average property in PE23.
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Schools Nearby
- 1.6kmSpilsby Primary School
- 3.1kmToynton All Saints Primary School
- 3.3kmPartney Church of England Aided Primary School
- 1.5kmKing Edward VI Academy
- 10.6kmWilliam Lovell Church of England Academy
- 11.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
More reading links
Public Transport Nearby
The closest station to 127, Main Road, Spilsby is Thorpe Culvert station, which is 10.5 kilometres away.
- 10.5kmThorpe Culvert
- 13.6kmWainfleet
- 15.2kmHavenhouse
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
