23, Lancaster Close
23, Lancaster Close
Description & Estimates
23, Lancaster Close, Spilsby is recorded publicly as a modern freehold house across 613 ft2 of internal area, sitting on a 334 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 23, Lancaster Close, Spilsby is £186,491 and its rental estimate is £772 per month, given the available information and assuming reasonable condition.
Lancaster Close, Great Steeping, Spilsby, PE23 falls within the PE23 postal district, in the borough of East Lindsey.
Our Data Sources
23, Lancaster Close, Spilsby has 41 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 23, Lancaster Close, Spilsby, we estimate a market value of £195,816 and a rental value of £811 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,437 and £718 per month respectively.
Recent Market Change
Over the last year, 23, Lancaster Close, Spilsby has seen its estimated sale value fall by £2,768 (1.5%) and its estimated rental value move up by £39 per month (5.0%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 23, Lancaster Close, Spilsby as measuring 334 m2.
That makes it the 19th largest plot in the postcode, where all 20 other houses have recorded plot data.
Energy Efficiency
23, Lancaster Close, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2023.
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 23, Lancaster Close, Spilsby completed on 12th December 2017 at £184,000 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 20.8% over the period since December 2017.
- Sold Dec 2017£184,000
- Sold Feb 2017£169,950
- Sold Aug 2013£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Lancaster Close, Spilsby have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2021, was 34, Station Road, Spilsby, PE23 5QR, a freehold house which sold for £189,950.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Lancaster Close, Great Steeping, Spilsby, PE23, 23, Lancaster Close, Spilsby comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the PE23 district.
More reading links
Schools Nearby
- 300mGreat Steeping Primary School
- 2.3kmHalton Holegate CofE Primary School
- 4.2kmSpilsby Primary School
- 4.4kmKing Edward VI Academy
- 11.4kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.5kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From 23, Lancaster Close, Spilsby, the nearest station is Thorpe Culvert, 5.0 kilometres away.
- 5.0kmThorpe Culvert
- 8.1kmWainfleet
- 9.5kmHavenhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
