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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 16, Malten Lane, Spalding to be a mid-century freehold house with 1,819 ft2 of internal area, sitting on a 344 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Malten Lane, Spalding has an estimated sale value of £271,855 and an estimated rental value of £1,427 per month, assuming reasonable condition and based on the information available.
Malten Lane, Whaplode, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
16, Malten Lane, Spalding has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 16, Malten Lane, Spalding would be worth £285,448, with a potential rental value of £1,498 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,825, with a rental value of £1,327 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Malten Lane, Spalding has declined by £14,655 (5.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (0.9%). The property's estimated gross yield is currently 6.3%.
16, Malten Lane, Spalding occupies a 344 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 10th largest.
16, Malten Lane, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
16, Malten Lane, Spalding last changed hands on 17th December 2021, selling for £215,000. 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 dropped by 5.5% since December 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 16, Malten Lane, Spalding across the last 2 years.
Most recently, Elcon, Church Gate, Spalding, PE12 6TA, a freehold house, sold at £258,000 on the 2nd March 2021.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Malten Lane, Spalding as the 5th largest and the 5th most expensive of the 17 addresses on Malten Lane, Whaplode, Spalding, PE12.
Against the PE12 postcode district average, it is £33k more expensive than the typical property.
Spalding station is the nearest stop to 16, Malten Lane, Spalding at 8.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Malten Lane, Spalding, 52.3% of property is privately owned outright and 34.6% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Malten Lane, Spalding, 11.5% of residents are recorded as possessing school level qualifications and 19.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Malten Lane, Spalding, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Malten Lane, Spalding, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Malten Lane, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
