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According to the public record, 24, Wignals Gate, Spalding is a early-century freehold house with 699 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Wignals Gate, Spalding is £157,744 and the estimated rental value is £889 per month.
Wignals Gate, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
24, Wignals Gate, Spalding has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated May 2014.
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.
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 24, Wignals Gate, Spalding is in very good condition we estimate a sale value of £165,631 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,702 and a rental value of £827 per month.
Over the last 12 months the sale value of 24 Wignals Gate Spalding has decreased by an estimated £3,772 (2.4%) and its rental value has increased by an estimated £20 per month (2.2%), giving an expected gross yield of 6.8%.
24, Wignals Gate, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 24, Wignals Gate, Spalding was last sold on 25th August 2023 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Wignals Gate, Spalding within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 42, Wignals Gate, Spalding, PE12 7HL, a freehold house which sold for £184,995 on the 26th September 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wignals Gate, Holbeach, Spalding, PE12 has a total of 107 addresses. According to our analysis of all the public data, 24, Wignals Gate, Spalding is the 97th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in PE12.
The closest station to 24, Wignals Gate, Spalding is Spalding station which is 10.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Wignals Gate, Spalding, 44.2% of property is privately owned outright and 41.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 24, Wignals Gate, Spalding, 20.1% of residents are recorded as possessing school level qualifications and 23.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Wignals Gate, Spalding, the average age was 44.5 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 24, Wignals Gate, Spalding, 0.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 24, Wignals Gate, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.