42, Derwent Way
42, Derwent Way
Description & Estimates
Public records show 42, Derwent Way, Spalding to be a modern freehold house with 936 ft2 of internal area, sitting on a 160 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
42, Derwent Way, Spalding has an estimated sale value of £216,734 and an estimated rental value of £995 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
42, Derwent Way, Spalding has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated October 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.
Price Range & Condition
In very good condition, we estimate 42, Derwent Way, Spalding would be worth £227,570, with a potential rental value of £1,045 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £201,562, with a rental value of £925 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 42, Derwent Way, Spalding has dropped by £7,851 (3.6%) over the last year. During the same period, its estimated monthly rental value has risen by £30 (3.0%). The property's estimated gross yield is currently 5.5%.
Plot Size
42, Derwent Way, Spalding occupies a 160 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 23rd largest.
Energy Efficiency
42, Derwent Way, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
42, Derwent Way, Spalding last changed hands on 27th November 2015, selling for £155,995. 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 28.1% since November 2015.
- Sold Nov 2015£155,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 42, Derwent Way, Spalding across the last 2 years.
Most recently, 6, Stour Close, Spalding, PE11 3WZ, a freehold house, sold at £187,500 on the 1st October 2024.
Read more about house prices in PE11.
•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 42, Derwent Way, Spalding as the 16th largest and the 18th most expensive of the 36 addresses on Derwent Way, Spalding, PE11.
Against the PE11 postcode district average, it is £4k less expensive than the typical property.
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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 42, 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.
