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According to the public record, 22, Franklin Drive, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 893 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Franklin Drive, Spalding is £202,978 and the estimated rental value is £970 per month.
Franklin Drive, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
22, Franklin Drive, Spalding has 31 entries in the Land Registry , most recently in December 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 22, Franklin Drive, Spalding is in very good condition we estimate a sale value of £213,127 and a rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,770 and a rental value of £902 per month.
Over the last 12 months the sale value of 22 Franklin Drive Spalding has decreased by an estimated £8,432 (4.2%) and its rental value has increased by an estimated £28 per month (2.9%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 22, Franklin Drive, Spalding was last sold on 6th December 2018 for £150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2018, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Franklin Drive, Spalding within a radius of 590 metres over the last 2 years.
The most recent example is 3, Burton Road, Spalding, PE11 2GE, a freehold house which sold for £190,000 on the 30th January 2026.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franklin Drive, Spalding, PE11 has a total of 36 addresses. According to our analysis of all the public data, 22, Franklin Drive, Spalding is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in PE11.
The closest station to 22, Franklin Drive, Spalding is Spalding station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Franklin Drive, Spalding, 55.4% of property is privately owned outright and 23.4% 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 22, Franklin Drive, Spalding, 13.7% of residents are recorded as possessing school level qualifications and 22.7% 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 22, Franklin Drive, Spalding, the average age was 42.3 and the most common age was 32.
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 22, Franklin Drive, Spalding, 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 22, Franklin Drive, Spalding, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.