25, Lancaster Close
25, Lancaster Close
Description & Estimates
The public record describes 25, Lancaster Close, Spilsby as a modern house with 613 ft2 of internal area, sitting on a 307 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
25, Lancaster Close, Spilsby has an estimated sale value of £186,491 and an estimated rental value of £772 per month, assuming reasonable condition and based on the information available.
Lancaster Close, Great Steeping, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
25, Lancaster Close, Spilsby has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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
In very good condition, we estimate 25, Lancaster Close, Spilsby would be worth £195,816, with a potential rental value of £811 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,437, with a rental value of £718 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 25, Lancaster Close, Spilsby has decreased by £2,768 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £39 (5.0%). The property's estimated gross yield is currently 5.0%.
Plot Size
25, Lancaster Close, Spilsby occupies a 307 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 20th largest.
Energy Efficiency
25, 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
25, Lancaster Close, Spilsby last changed hands on 9th March 2000, selling for £59,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Mar 2000£59,950
- Sold Jul 1999£52,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.1 kilometres of 25, Lancaster Close, Spilsby across the last 2 years.
Most recently, 23, Lancaster Close, Spilsby, PE23 5HA, a freehold house, sold at £184,000 on the 12th December 2017.
Read more about house prices in PE23.
•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 25, Lancaster Close, Spilsby as the 18th largest and the 18th most expensive of the 20 addresses on Lancaster Close, Great Steeping, Spilsby, PE23.
Against the PE23 postcode district average, it is £57k less expensive than the typical property.
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
Thorpe Culvert station is the nearest stop to 25, Lancaster Close, Spilsby at 5.0 kilometres away.
- 5.0kmThorpe Culvert
- 8.1kmWainfleet
- 9.5kmHavenhouse
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
