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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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The public record describes 2, Old School Mews, Spilsby as an early-century house with 839 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Old School Mews, Spilsby has an estimated sale value of £190,120 and an estimated rental value of £894 per month, assuming reasonable condition and based on the information available.
Old School Mews, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
2, Old School Mews, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 2, Old School Mews, Spilsby would be worth £199,626, with a potential rental value of £939 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £176,811, with a rental value of £832 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Old School Mews, Spilsby has decreased by £5,884 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £30 (3.4%). The property's estimated gross yield is currently 5.6%.
2, Old School Mews, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 2, Old School Mews, Spilsby across the last 2 years.
Most recently, 3, Old School Mews, Spilsby, PE23 5QU, a freehold house, sold at £156,000 on the 22nd November 2024.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Old School Mews, Spilsby as the 2nd largest and the 5th most expensive of the 27 addresses on Old School Mews, Spilsby, PE23.
Against the PE23 postcode district average, it is £54k less expensive than the typical property.
Thorpe Culvert station is the nearest stop to 2, Old School Mews, Spilsby at 8.6 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Old School Mews, Spilsby, 52.0% of property is privately rented and 29.7% is privately owned outright.
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, Old School Mews, Spilsby, 13.4% of residents are recorded as possessing school level qualifications and 22.8% 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 2, Old School Mews, Spilsby, the average age was 47.5 and the most common age was 72.
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, Old School Mews, Spilsby, 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, Old School Mews, Spilsby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
