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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Vicarage Lane, Spalding is a modern freehold house with 1,528 ft2 of internal area and sits on a 1,448 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Vicarage Lane, Spalding is £420,835 and the estimated rental value is £1,599 per month.
Vicarage Lane, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
3, Vicarage Lane, Spalding has 41 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Vicarage Lane, Spalding is in very good condition we estimate a sale value of £441,877 and a rental value of £1,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,377 and a rental value of £1,487 per month.
Over the last 12 months the sale value of 3 Vicarage Lane Spalding has decreased by an estimated £22,686 (5.4%) and its rental value has increased by an estimated £14 per month (0.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 3, Vicarage Lane, Spalding sits on a plot of 1448m2.
We have plot size data on 3 out of 5 other houses in the postcode and 3, Vicarage Lane, Spalding sits on the 3rd largest plot.
3, Vicarage Lane, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 3, Vicarage Lane, Spalding was last sold on 21st March 2019 for £372,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2019, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Vicarage Lane, Spalding within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 87, Seagate Road, Spalding, PE12 9AD, a freehold house which sold for £480,000 on the 21st June 2021.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Lane, Long Sutton, Spalding, PE12 has a total of 5 addresses. According to our analysis of all the public data, 3, Vicarage Lane, Spalding is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in PE12.
The closest station to 3, Vicarage Lane, Spalding is Kings Lynn station which is 18.3 kilometres away.
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, Vicarage Lane, Spalding, 60.6% of property is privately owned outright and 22.5% 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 3, Vicarage Lane, Spalding, 10.6% of residents are recorded as possessing school level qualifications and 12.3% 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 3, Vicarage Lane, Spalding, the average age was 46.1 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 3, Vicarage Lane, Spalding, 1.2% 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 3, Vicarage Lane, Spalding, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
