227, South Drove
227, South Drove
Description & Estimates
227, South Drove, Spalding is recorded publicly as a period freehold house across 1,054 ft2 of internal area, sitting on a 759 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 227, South Drove, Spalding is £239,616 and its rental estimate is £1,101 per month, given the available information and assuming reasonable condition.
South Drove, Lutton Marsh, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
227, South Drove, Spalding has 41 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated March 2018.
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.
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 227, South Drove, Spalding, we estimate a market value of £251,597 and a rental value of £1,156 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,843 and £1,024 per month respectively.
Recent Market Change
Over the last year, 227, South Drove, Spalding has seen its estimated sale value decrease by £5,729 (2.4%) and its estimated rental value grow by £24 per month (2.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 227, South Drove, Spalding as measuring 759 m2.
That makes it the 5th largest plot in the postcode, where 9 of the 20 other houses have recorded plot data.
Energy Efficiency
227, South Drove, Spalding has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 227, South Drove, Spalding completed on 5th June 2019 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 29.1% over the period since June 2019.
- Sold Jun 2019£180,000
- Sold Jul 2018£158,000
- Sold Nov 2001£70,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 227, South Drove, Spalding have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th June 2024, was 63, South Drove, Spalding, PE12 9NT, a freehold house which sold for £215,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on South Drove, Lutton Marsh, Spalding, PE12, 227, South Drove, Spalding comes out as the 10th largest and the 11th most expensive in our analysis of the public data.
It is also £446 more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 2.7kmGedney Drove End Primary School
- 3.5kmLutton St Nicholas Primary Academy
- 5.0kmSutton Bridge Westmere Community Primary School
- 3.8kmUniversity Academy Long Sutton
- 10.4kmSt Clement's High School
- 10.5kmUniversity Academy Holbeach
More reading links
Public Transport Nearby
From 227, South Drove, Spalding, the nearest station is Kings Lynn, 17.1 kilometres away.
- 17.1kmKings Lynn
- 21.4kmWatlington
- 22.3kmSpalding
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
