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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
According to the public record, 20, School Lane, Spalding is a modern freehold house with 1,356 ft2 of internal area and sits on a 430 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 20, School Lane, Spalding is £310,088 and the estimated rental value is £1,322 per month.
School Lane, Lutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
20, School Lane, Spalding has 2 entries in the Land Registry , most recently in August 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.
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 20, School Lane, Spalding is in very good condition we estimate a sale value of £325,593 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,382 and a rental value of £1,230 per month.
Over the last 12 months the sale value of 20 School Lane Spalding has decreased by an estimated £16,716 (5.4%) and its rental value has increased by an estimated £11 per month (0.9%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 20, School Lane, Spalding sits on a plot of 430m2.
We have plot size data on 6 out of 13 other houses in the postcode and 20, School Lane, Spalding sits on the 4th largest plot.
20, School Lane, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 20, School Lane, Spalding was last sold on 9th August 2024 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has dropped 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, School Lane, Spalding within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 19, Richard Busby Way, Spalding, PE12 9PT, a freehold house which sold for £250,000 on the 31st August 2023.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Lutton, Spalding, PE12 has a total of 13 addresses. According to our analysis of all the public data, 20, School Lane, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in PE12.
The closest station to 20, School Lane, Spalding is Spalding station which is 18.9 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 20, School Lane, Spalding, 63.1% of property is privately owned outright and 25.5% 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 20, School Lane, Spalding, 14.8% of residents are recorded as possessing school level qualifications and 17.7% 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 20, School Lane, Spalding, the average age was 46.9 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 20, School Lane, Spalding, 0.9% 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 20, School Lane, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
