23, Derwent Way
23, Derwent Way
Description & Estimates
Public records show 23, Derwent Way, Spalding to be a modern freehold house with 1,001 ft2 of internal area, sitting on a 201 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
23, Derwent Way, Spalding has an estimated sale value of £219,819 and an estimated rental value of £999 per month, assuming reasonable condition and based on the information available.
Derwent Way, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
23, Derwent Way, Spalding has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated November 2014.
We combine this information with that 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 23, Derwent Way, Spalding would be worth £230,810, with a potential rental value of £1,049 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,432, with a rental value of £929 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 23, Derwent Way, Spalding has fallen by £7,962 (3.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (3.0%). The property's estimated gross yield is currently 5.5%.
Plot Size
23, Derwent Way, Spalding occupies a 201 m2 plot as recorded by HM Land Registry.
Of the 36 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
23, Derwent Way, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Derwent Way, Spalding last changed hands on 19th December 2014, selling for £166,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 36.1% since December 2014.
- Sold Dec 2014£166,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 23, Derwent Way, Spalding across the last 2 years.
Most recently, 17, Derwent Way, Spalding, PE11 3WX, a freehold house, sold at £225,000 on the 3rd December 2025.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 23, Derwent Way, Spalding as the 13th largest and the 15th most expensive of the 36 addresses on Derwent Way, Spalding, PE11.
Against the PE11 postcode district average, it is £747 less expensive than the typical property.
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Schools Nearby
- 400mMonkshouse Primary Academy
- 400mWygate Park Academy
- 900mSpalding Primary Academy
- 1.5kmSpalding Grammar School
- 2.2kmSpalding High School
- 2.5kmSpalding Academy
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 23, Derwent Way, Spalding at 1.2 kilometres away.
- 1.2kmSpalding
- 20.1kmSwineshead
- 21.1kmHubberts Bridge
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
