15, Wrights Lane
15, Wrights Lane
Description & Estimates
Public records show 15, Wrights Lane, Spalding to be a mid-century freehold house with 1,356 ft2 of internal area, sitting on a 492 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
15, Wrights Lane, Spalding has an estimated sale value of £282,420 and an estimated rental value of £1,289 per month, assuming reasonable condition and based on the information available.
Wrights Lane, Sutton Bridge, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
15, Wrights Lane, Spalding has 31 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Wrights Lane, Spalding would be worth £296,541, with a potential rental value of £1,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £262,650, with a rental value of £1,199 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Wrights Lane, Spalding has decreased by £15,225 (5.4%) over the last year. During the same period, its estimated monthly rental value has grown by £11 (0.9%). The property's estimated gross yield is currently 5.5%.
Plot Size
15, Wrights Lane, Spalding occupies a 492 m2 plot as recorded by HM Land Registry.
Of the 70 other houses in this postcode, 64 have recorded plot sizes, and this one ranks as the 34th largest.
Energy Efficiency
15, Wrights Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Wrights Lane, Spalding last changed hands on 24th August 2020, selling for £218,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 18.3% since August 2020.
- Sold Aug 2020£218,000
- Sold Sep 2015£170,000
- Sold May 2003£123,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of 15, Wrights Lane, Spalding across the last 2 years.
Most recently, Millbank, Mill Lane, Spalding, PE12 9UE, a freehold house, sold at £335,000 on the 1st September 2023.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Wrights Lane, Spalding as the 4th largest and the 4th most expensive of the 70 addresses on Wrights Lane, Sutton Bridge, Spalding, PE12.
Against the PE12 postcode district average, it is £43k more expensive than the typical property.
More reading links
Schools Nearby
- 500mSutton Bridge Westmere Community Primary School
- 4.6kmWalpole Cross Keys Primary School
- 4.8kmThe Tydd St Mary Church of England Primary School
- 4.6kmUniversity Academy Long Sutton
- 7.4kmSt Clement's High School
- 8.6kmMarshland High School
More reading links
Public Transport Nearby
Kings Lynn station is the nearest stop to 15, Wrights Lane, Spalding at 14.5 kilometres away.
- 14.5kmKings Lynn
- 17.1kmWatlington
- 22.2kmDownham Market
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
