42, Wrights Lane
42, Wrights Lane
Description & Estimates
42, Wrights Lane, Spalding is recorded publicly as a mid-century freehold house across 968 ft2 of internal area, sitting on a 413 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Wrights Lane, Spalding is £234,311 and its rental estimate is £1,100 per month, given the available information and assuming reasonable condition.
Wrights Lane, Sutton Bridge, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
42, Wrights Lane, Spalding has 2 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated June 2017.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Wrights Lane, Spalding, we estimate a market value of £246,026 and a rental value of £1,155 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,909 and £1,023 per month respectively.
Recent Market Change
Over the last year, 42, Wrights Lane, Spalding has seen its estimated sale value move down by £5,602 (2.4%) and its estimated rental value increase by £24 per month (2.2%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 42, Wrights Lane, Spalding as measuring 413 m2.
That makes it the 58th largest plot in the postcode, where 64 of the 70 other houses have recorded plot data.
Energy Efficiency
42, Wrights Lane, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Wrights Lane, Spalding completed on 8th September 2017 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.1% over the period since September 2017.
- Sold Sep 2017£180,000
- Sold Mar 2012£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Wrights Lane, Spalding have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 70, Wrights Lane, Spalding, PE12 9RH, a freehold house which sold for £285,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 70 addresses on Wrights Lane, Sutton Bridge, Spalding, PE12, 42, Wrights Lane, Spalding comes out as the 43rd largest and the 40th most expensive in our analysis of the public data.
It is also £5k less expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 500mSutton Bridge Westmere Community Primary School
- 4.6kmWalpole Cross Keys Primary School
- 4.8kmThe Tydd St Mary Church of England Primary School
- 4.6kmUniversity Academy Long Sutton
- 7.4kmSt Clement's High School
- 8.6kmMarshland High School
More reading links
Public Transport Nearby
From 42, Wrights Lane, Spalding, the nearest station is Kings Lynn, 14.5 kilometres away.
- 14.5kmKings Lynn
- 17.1kmWatlington
- 22.2kmDownham Market
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
