Our Data Sources
2, Penny Hill Close, Spalding has 41 entries in the Land Registry, most recently in December 2024 and a single entry in the EPC database dated June 2015.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Penny Hill Close, Spalding, we estimate a market value of £293,294 and a rental value of £1,089 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,775 and £964 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, Penny Hill Close, Spalding as measuring 646 m2.
That makes it the 4th largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
2, Penny Hill Close, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 2, Penny Hill Close, Spalding completed on 18th December 2024 at £290,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 16.7% over the period since December 2024.
- Sold Dec 2024£290,000
- Sold Aug 2019£240,000
- Sold Jul 2015£197,000
Similar Properties Sold Nearby
Since 2010 90 properties similar to 2, Penny Hill Close, Spalding have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2026, was 78, Sherwood Drive, Spalding, PE11 1QP, a freehold house which sold for £235,000.
Read more about house prices in PE11.
- Sold Mar 2026£235,000 | 3 Bed House78, Sherwood Drive, Spalding, PE11 1QP78, Sherwood Drive, Spalding, PE11 1QP
- Sold Nov 2025£250,000 | 4 Bed House28, Oakley Drive, Spalding, PE11 2BN28, Oakley Drive, Spalding, PE11 2BN
- Sold Jul 2025£320,000 | 4 Bed House1, Malvern Close, Spalding, PE11 2DQ1, Malvern Close, Spalding, PE11 2DQ
- Sold Mar 2024£220,000 | 3 Bed House11, Malvern Close, Spalding, PE11 2DQ11, Malvern Close, Spalding, PE11 2DQ
- Sold Nov 2023£265,000 | 3 Bed House18, Ladywood Road, Spalding, PE11 2DA18, Ladywood Road, Spalding, PE11 2DA
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 £280,409, ranging from £238,553 to £345,970.
- 18 Ladywood Road
3 Bed House | 13 m | Est. Value: £238,553
- 16 Ladywood Road
3 Bed House | 23 m | Est. Value: £251,229
- 6 Penny Hill Close
3 Bed House | 33 m | Est. Value: £262,653
- 14 Ladywood Road
4 Bed House | 35 m | Est. Value: £304,062
- 12 Ladywood Road
4 Bed House | 46 m | Est. Value: £278,702
Location Comparison
Of the 10 addresses on Penny Hill Close, Spalding, PE11, 2, Penny Hill Close, Spalding comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the PE11 district.
More reading links
Schools Nearby
- St Paul's Community Primary and Nursery School, Spalding800 m away
- Spalding Primary Academy1.3 km away
- St Norbert's Catholic Voluntary Academy1.4 km away
- Spalding Academy1.4 km away
- Spalding High School1.6 km away
- Spalding Grammar School1.6 km away
More reading links
Public Transport Nearby
- Spalding|1.2 km away
- Swineshead|19.4 km away
- Hubberts Bridge|20.0 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.












