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According to the public record, 2, Lowery Close, Spalding is a modern freehold house with 1,356 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lowery Close, Spalding is £310,673 and the estimated rental value is £1,207 per month.
Lowery Close, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
2, Lowery Close, Spalding has a single entry in the Land Registry from January 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 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 2, Lowery Close, Spalding is in very good condition we estimate a sale value of £326,207 and a rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,926 and a rental value of £1,123 per month.
Over the last 12 months the sale value of 2 Lowery Close Spalding has decreased by an estimated £13,316 (4.3%) and its rental value has increased by an estimated £5 per month (0.4%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 2, Lowery Close, Spalding sits on a plot of 406m2.
We have plot size data on 8 out of 9 other houses in the postcode and 2, Lowery Close, Spalding sits on the 2nd largest plot.
2, Lowery Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lowery Close, Spalding was last sold on 14th January 2022 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lowery Close, Spalding within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 1, Spire View Grove, Spalding, PE12 9YH, a freehold house which sold for £350,000 on the 15th July 2024.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowery Close, Long Sutton, Spalding, PE12 has a total of 9 addresses. According to our analysis of all the public data, 2, Lowery Close, Spalding is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in PE12.
The closest station to 2, Lowery Close, Spalding is Kings Lynn station which is 18.2 kilometres away.
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, Lowery Close, Spalding, 44.2% of property is privately owned outright and 29.5% 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, Lowery Close, Spalding, 16.5% of residents are recorded as possessing school level qualifications and 16.0% 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, Lowery Close, 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, Lowery Close, 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 2, Lowery Close, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.