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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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According to the public record, 2, Lancaster Drive, Spalding is a mid-century freehold house with 1,044 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lancaster Drive, Spalding is £187,731 and the estimated rental value is £956 per month.
Lancaster Drive, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
2, Lancaster Drive, Spalding has 41 entries in the Land Registry , most recently in January 2025 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Lancaster Drive, Spalding is in very good condition we estimate a sale value of £197,117 and a rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,590 and a rental value of £889 per month.
Over the last 12 months the sale value of 2 Lancaster Drive Spalding has decreased by an estimated £5,479 (2.9%) and its rental value has increased by an estimated £25 per month (2.6%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 2, Lancaster Drive, Spalding sits on a plot of 296m2.
We have plot size data on 46 out of 56 other houses in the postcode and 2, Lancaster Drive, Spalding sits on the 43rd largest plot.
2, Lancaster Drive, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lancaster Drive, Spalding was last sold on 28th January 2025 for £160,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2025, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lancaster Drive, Spalding within a radius of 970 metres over the last 2 years.
The most recent example is 66, London Road, Spalding, PE12 9EA, a freehold house which sold for £190,000 on the 13th September 2024.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Drive, Long Sutton, Spalding, PE12 has a total of 56 addresses. According to our analysis of all the public data, 2, Lancaster Drive, Spalding is the 31st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in PE12.
The closest station to 2, Lancaster Drive, Spalding is Spalding station which is 18.8 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 2, Lancaster Drive, Spalding, 50.0% of property is privately owned outright and 26.0% 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 2, Lancaster Drive, Spalding, 12.1% of residents are recorded as possessing school level qualifications and 21.6% 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 2, Lancaster Drive, 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 2, Lancaster Drive, Spalding, 1.0% 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 2, Lancaster Drive, 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.
