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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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Public records show 5, Love Lane, Spalding to be a period freehold house with 3,455 ft2 of internal area, sitting on a 1,440 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
5, Love Lane, Spalding has an estimated sale value of £665,552 and an estimated rental value of £2,597 per month, assuming reasonable condition and based on the information available.
Love Lane, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
5, Love Lane, Spalding has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated April 2017.
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.
In very good condition, we estimate 5, Love Lane, Spalding would be worth £698,830, with a potential rental value of £2,727 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £618,964, with a rental value of £2,415 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Love Lane, Spalding has declined by £34,906 (5.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (0.8%). The property's estimated gross yield is currently 4.7%.
5, Love Lane, Spalding occupies a 1,440 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 3rd largest.
5, Love Lane, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
5, Love Lane, Spalding last changed hands on 26th March 2021, selling for £600,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 5.3% since March 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 5, Love Lane, Spalding across the last 2 years.
Most recently, 17, Westbourne Gardens, Spalding, PE11 2RF, a freehold house, sold at £475,000 on the 30th October 2017.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Love Lane, Spalding as the 2nd largest and the 2nd most expensive of the 32 addresses on Love Lane, Spalding, PE11.
Against the PE11 postcode district average, it is £445k more expensive than the typical property.
Spalding station is the nearest stop to 5, Love Lane, Spalding at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Love Lane, Spalding, 37.6% of property is privately owned outright and 29.9% 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 5, Love Lane, Spalding, 15.4% of residents are recorded as possessing school level qualifications and 20.6% 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 5, Love Lane, Spalding, the average age was 42.5 and the most common age was 52.
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 5, Love Lane, Spalding, 0.4% 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 5, Love 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.
