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According to the public record, 3, Derwent Way, Spalding is a modern freehold house with 936 ft2 of internal area and sits on a 132 m2 plot.
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 3, Derwent Way, Spalding is £216,734 and the estimated rental value is £995 per month.
Derwent Way, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
3, Derwent Way, Spalding has 2 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated December 2015.
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.
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 3, Derwent Way, Spalding is in very good condition we estimate a sale value of £227,570 and a rental value of £1,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,562 and a rental value of £925 per month.
Over the last 12 months the sale value of 3 Derwent Way Spalding has decreased by an estimated £7,851 (3.6%) and its rental value has increased by an estimated £30 per month (3.0%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 3, Derwent Way, Spalding sits on a plot of 132m2.
We have plot size data on 34 out of 36 other houses in the postcode and 3, Derwent Way, Spalding sits on the 32nd largest plot.
3, Derwent Way, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Derwent Way, Spalding was last sold on 14th January 2019 for £170,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2019, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Derwent Way, Spalding within a radius of 760 metres over the last 2 years.
The most recent example is 9, Derwent Way, Spalding, PE11 3WX, a freehold house which sold for £225,000 on the 20th March 2025.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Way, Spalding, PE11 has a total of 36 addresses. According to our analysis of all the public data, 3, Derwent Way, Spalding is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in PE11.
The closest station to 3, Derwent Way, Spalding is Spalding station which is 1.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 3, Derwent Way, Spalding, % of property is and % is .
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 3, Derwent Way, Spalding, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 3, Derwent Way, Spalding, 0.0% 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 3, Derwent Way, Spalding, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.