2, Water Lane
2, Water Lane
Description & Estimates
The public record describes 2, Water Lane, Spalding as a modern house with 699 ft2 of internal area, sitting on a 393 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Water Lane, Spalding has an estimated sale value of £145,241 and an estimated rental value of £819 per month, assuming reasonable condition and based on the information available.
Water Lane, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
2, Water Lane, Spalding has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
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.
Price Range & Condition
In very good condition, we estimate 2, Water Lane, Spalding would be worth £152,503, with a potential rental value of £860 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,074, with a rental value of £761 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Water Lane, Spalding has fallen by £5,261 (3.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (3.0%). The property's estimated gross yield is currently 6.8%.
Plot Size
2, Water Lane, Spalding occupies a 393 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
2, Water Lane, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 2, Water Lane, Spalding across the last 2 years.
Most recently, 22, Water Lane, Spalding, PE11 2TQ, a freehold house, sold at £140,000 on the 19th February 2025.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Water Lane, Spalding as the 6th largest and the 9th most expensive of the 23 addresses on Water Lane, Spalding, PE11.
Against the PE11 postcode district average, it is £75k less expensive than the typical property.
More reading links
Schools Nearby
- 700mThe Spalding St John the Baptist Church of England Primary School
- 700mSpalding Parish Church of England Day School
- 1.0kmSt Norbert's Catholic Voluntary Academy
- 400mSpalding Grammar School
- 900mSpalding High School
- 1.3kmSpalding Academy
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 2, Water Lane, Spalding at 1.0 kilometres away.
- 1.0kmSpalding
- 21.2kmSwineshead
- 21.9kmHubberts Bridge
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
