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According to the public record, 178, New Road, Spalding is a period freehold house with 3,164 ft2 of internal area and sits on a 4,173 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 178, New Road, Spalding is £325,294 and the estimated rental value is £1,753 per month.
New Road, Sutton Bridge, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
178, New Road, Spalding has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated January 2019.
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.
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 178, New Road, Spalding is in very good condition we estimate a sale value of £341,559 and a rental value of £1,841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,524 and a rental value of £1,631 per month.
Over the last 12 months the sale value of 178 New Road Spalding has decreased by an estimated £13,068 (4.0%) and its rental value has increased by an estimated £16 per month (0.9%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 178, New Road, Spalding sits on a plot of 4173m2.
We have plot size data on 13 out of 18 other houses in the postcode and 178, New Road, Spalding sits on the 3rd largest plot.
178, New Road, Spalding has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 22 Jan 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, wood logs.
According to HM Land Registry, 178, New Road, Spalding was last sold on 17th May 2019 for £275,200 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.4 kilometres radius of 178, New Road, Spalding over the last 2 years.
The most recent example is 151, New Road, Spalding, PE12 9QE, a freehold house which sold for £230,000 on the 31st January 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Sutton Bridge, Spalding, PE12 has a total of 144 addresses. According to our analysis of all the public data, 178, New Road, Spalding is the 7th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in PE12.
The closest station to 178, New Road, Spalding is Kings Lynn station which is 14.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 178, New Road, Spalding, 47.9% of property is privately owned outright and 30.3% 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 178, New Road, Spalding, 15.1% of residents are recorded as possessing school level qualifications and 14.8% 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 178, New Road, Spalding, the average age was 46.1 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 178, New Road, Spalding, 1.7% 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 178, New Road, Spalding, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.