24, Derwent Way
24, Derwent Way
Description & Estimates
Public records show 24, Derwent Way, Spalding to be a modern freehold house with 742 ft2 of internal area, sitting on a 108 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
24, Derwent Way, Spalding has an estimated sale value of £188,798 and an estimated rental value of £894 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
24, Derwent Way, Spalding has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated February 2024.
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 24, Derwent Way, Spalding would be worth £198,238, with a potential rental value of £939 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £175,582, with a rental value of £832 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 24, Derwent Way, Spalding has moved down by £6,839 (3.6%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (3.0%). The property's estimated gross yield is currently 5.7%.
Plot Size
24, Derwent Way, Spalding occupies a 108 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 34th largest.
Energy Efficiency
24, Derwent Way, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Derwent Way, Spalding last changed hands on 21st March 2014, selling for £125,000. 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 41.8% since March 2014.
- Sold Mar 2014£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 24, Derwent Way, Spalding across the last 2 years.
Most recently, 6, Tiber Court, Spalding, PE11 3WQ, a freehold house, sold at £167,500 on the 12th February 2026.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 24, Derwent Way, Spalding as the 34th largest and the 34th most expensive of the 36 addresses on Derwent Way, Spalding, PE11.
Against the PE11 postcode district average, it is £32k less expensive than the typical property.
More reading links
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 24, 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.
