23, Spring Lane
23, Spring Lane
Description & Estimates
According to the public record, 23, Spring Lane, Sleaford is a freehold house that sits on a 3,421 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 1,863 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Spring Lane, Sleaford is £511,298 and the estimated rental value is £1,699 per month.
Spring Lane, Horbling, Sleaford, NG34 is located in the borough of South Kesteven within the NG34 postal district.
Our Data Sources
23, Spring Lane, Sleaford has a single entry in the Land Registry from May 2011 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 23, Spring Lane, Sleaford is in very good condition we estimate a sale value of £536,863 and a rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,507 and a rental value of £1,580 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 23, Spring Lane, Sleaford has decreased by £18,695 (3.7%), while its estimated rental value has grown by £22 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 23, Spring Lane, Sleaford sits on a plot of 3,421 m2.
We have plot size data on 11 out of 16 other houses in the postcode and 23, Spring Lane, Sleaford sits on the 2nd largest plot.
Sold Prices
According to HM Land Registry, 23, Spring Lane, Sleaford was last sold on 24th May 2011 for £332,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen by 55.5%.
- Sold May 2011£332,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Spring Lane, Sleaford within a radius of 5.6 kilometres over the last 2 years.
The most recent example is 8, Billingborough Road, Sleaford, NG34 0PD, a freehold house which sold for £350,000 on the 16th September 2021.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spring Lane, Horbling, Sleaford, NG34 has a total of 16 addresses. According to our analysis of all the public data, 23, Spring Lane, Sleaford is the 5th largest and the most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in NG34.
More reading links
Schools Nearby
- 300mBrown's Church of England Primary School
- 800mBillingborough Primary School
- 3.4kmThe St Gilbert of Sempringham Church of England Primary School, Pointon
- 9.4kmCowley Academy
- 11.5kmKesteven and Sleaford High School Selective Academy
- 12.0kmSt George's Academy
More reading links
Public Transport Nearby
The closest station to 23, Spring Lane, Sleaford is Heckington station, which is 8.8 kilometres away.
- 8.8kmHeckington
- 11.3kmSleaford
- 12.0kmRauceby
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
