Our Data Sources
2, Defoe Lane, Spalding has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that 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
In very good condition, we estimate 2, Defoe Lane, Spalding would be worth £141,964, with a potential rental value of £632 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £125,740, with a rental value of £560 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
2, Defoe Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2022.
The property is connected to mains gas and has high performance glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
2, Defoe Lane, Spalding last changed hands on 4th February 2022, selling for £144,994. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.0% since February 2022.
- Sold Feb 2022£144,994
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 5 sales of comparable properties within 740 metres of 2, Defoe Lane, Spalding since 2018.
Most recently, 4, Defoe Lane, Spalding, PE11 1FU, a leasehold flat, sold at £144,995 on the 23rd September 2021.
Read more about house prices in PE11.
- Sold Sep 2021£144,995 | 2 Bed Flat4, Defoe Lane, Spalding, PE11 1FU4, Defoe Lane, Spalding, PE11 1FU
- Sold Nov 2020£143,994 | 2 Bed Flat14, Orwell Drive, Spalding, PE11 1GU14, Orwell Drive, Spalding, PE11 1GU
- Sold Feb 2019£144,994 | 2 Bed Flat6, Doyle Lane, Spalding, PE11 1WU6, Doyle Lane, Spalding, PE11 1WU
- Sold Mar 2018£137,994 | 2 Bed Flat8, Austen Mews, Spalding, PE11 1WQ8, Austen Mews, Spalding, PE11 1WQ
- Sold Mar 2018£137,994 | 2 Bed Flat6, Austen Mews, Spalding, PE11 1WQ6, Austen Mews, Spalding, PE11 1WQ
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £206,268, ranging from £135,204 to £253,132.
- 4 Defoe Lane
2 Bed Flat | 15 m | Est. Value: £135,204
- 7 Defoe Lane
3 Bed House | 21 m | Est. Value: £170,101
- 5 Defoe Lane
3 Bed House | 27 m | Est. Value: £194,041
- 3 Defoe Lane
3 Bed House | 28 m | Est. Value: £196,852
- 6 Defoe Lane
3 Bed House | 29 m | Est. Value: £186,235
Location Comparison
Our analysis of the public data ranks 2, Defoe Lane, Spalding as the 11th largest and the 11th most expensive of the 12 addresses on Defoe Lane, Spalding, PE11.
Against the PE11 postcode district average, it is £87k less expensive than the typical property.
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Schools Nearby
- The Spalding St John the Baptist Church of England Primary School700 m away
- Monkshouse Primary Academy1.1 km away
- St Norbert's Catholic Voluntary Academy1.5 km away
- Spalding Grammar School1.4 km away
- Spalding High School2.0 km away
- Spalding Academy2.4 km away
More reading links
Public Transport Nearby
- Spalding|1.7 km away
- Swineshead|21.6 km away
- Hubberts Bridge|22.6 km away
Risk of Flooding
Environment Agency data suggests this area has a Medium risk of flooding.
