48, New Road
48, New Road
Description & Estimates
Public records show 48, New Road, Spalding to be a period freehold house with 3,530 ft2 of internal area, sitting on a 1,481 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
48, New Road, Spalding has an estimated sale value of £488,284 and an estimated rental value of £2,178 per month, assuming reasonable condition and based on the information available.
New Road, Sutton Bridge, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
48, New Road, Spalding has 2 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 48, New Road, Spalding would be worth £512,698, with a potential rental value of £2,287 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £454,104, with a rental value of £2,025 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 48, New Road, Spalding has declined by £19,615 (4.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £19 (0.9%). The property's estimated gross yield is currently 5.4%.
Plot Size
48, New Road, Spalding occupies a 1,481 m2 plot as recorded by HM Land Registry.
Of the 66 other houses in this postcode, 44 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
48, New Road, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
48, New Road, Spalding last changed hands on 21st July 2017, selling for £371,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.7% since July 2017.
- Sold Jul 2017£371,000
- Sold Nov 2013£245,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 2.6 kilometres of 48, New Road, Spalding across the last 2 years.
Most recently, 140, New Road, Spalding, PE12 9QE, a freehold house, sold at £120,000 on the 11th August 2017.
Read more about house prices in PE12.
•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 48, New Road, Spalding as the 4th largest and the 5th most expensive of the 144 addresses on New Road, Sutton Bridge, Spalding, PE12.
Against the PE12 postcode district average, it is £249k more expensive than the typical property.
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Schools Nearby
- 600mSutton Bridge Westmere Community Primary School
- 4.5kmWalpole Cross Keys Primary School
- 4.9kmAnthony Curton CofE Primary School
- 4.8kmUniversity Academy Long Sutton
- 7.2kmSt Clement's High School
- 8.5kmMarshland High School
More reading links
Public Transport Nearby
Kings Lynn station is the nearest stop to 48, New Road, Spalding at 14.4 kilometres away.
- 14.4kmKings Lynn
- 17.0kmWatlington
- 22.1kmDownham Market
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 low risk of flooding.
