2, Main Road
2, Main Road
Description & Estimates
According to the public record, 2, Main Road, Spilsby is a mid-century freehold house with 914 ft2 of internal area and sits on a 624 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, Main Road, Spilsby is £229,495 and the estimated rental value is £951 per month.
Main Road, West Keal, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Our Data Sources
2, Main Road, Spilsby has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Main Road, Spilsby is in very good condition we estimate a sale value of £240,970 and a rental value of £999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,431 and a rental value of £885 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Main Road, Spilsby has declined by £7,102 (3.1%), while its estimated rental value has climbed by £32 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 2, Main Road, Spilsby sits on a plot of 624 m2.
We have plot size data on 42 out of 51 other houses in the postcode and 2, Main Road, Spilsby sits on the 36th largest plot.
Energy Efficiency
2, Main Road, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 2, Main Road, Spilsby was last sold on 11th December 2024 for £187,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has dropped by 4.8%.
- Sold Dec 2024£187,500
- Sold Mar 2007£114,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Main Road, Spilsby within a radius of 4.6 kilometres over the last 2 years.
The most recent example is 9, Main Road, Spilsby, PE23 4BE, a freehold house which sold for £232,500 on the 4th December 2020.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Main Road, West Keal, Spilsby, PE23 has a total of 55 addresses. According to our analysis of all the public data, 2, Main Road, Spilsby is the 36th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in PE23.
More reading links
Schools Nearby
- 2.9kmToynton All Saints Primary School
- 4.8kmSpilsby Primary School
- 5.3kmHalton Holegate CofE Primary School
- 4.7kmKing Edward VI Academy
- 6.8kmWilliam Lovell Church of England Academy
- 11.6kmThe Banovallum School
More reading links
Public Transport Nearby
The closest station to 2, Main Road, Spilsby is Thorpe Culvert station, which is 11.0 kilometres away.
- 11.0kmThorpe Culvert
- 13.9kmWainfleet
- 16.0kmHavenhouse
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
