5, Richard Busby Way
5, Richard Busby Way
Description & Estimates
Public records show 5, Richard Busby Way, Spalding to be a modern freehold house with 1,463 ft2 of internal area, sitting on a 555 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Richard Busby Way, Spalding has an estimated sale value of £297,730 and an estimated rental value of £1,321 per month, assuming reasonable condition and based on the information available.
Richard Busby Way, Lutton, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
5, Richard Busby Way, Spalding has 41 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Richard Busby Way, Spalding would be worth £312,617, with a potential rental value of £1,388 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,889, with a rental value of £1,229 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 5, Richard Busby Way, Spalding has moved down by £16,050 (5.4%) over the last year. During the same period, its estimated monthly rental value has increased by £11 (0.9%). The property's estimated gross yield is currently 5.3%.
Plot Size
5, Richard Busby Way, Spalding occupies a 555 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
5, Richard Busby Way, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Richard Busby Way, Spalding last changed hands on 24th August 2022, selling for £345,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 7.9% since August 2022.
- Sold Aug 2022£345,000
- Sold Mar 2021£294,000
- Sold Apr 2014£220,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of 5, Richard Busby Way, Spalding across the last 2 years.
Most recently, 49, Marriots Gate, Spalding, PE12 9HN, a freehold house, sold at £245,000 on the 9th May 2025.
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 5, Richard Busby Way, Spalding as the 6th largest and the 8th most expensive of the 14 addresses on Richard Busby Way, Lutton, Spalding, PE12.
Against the PE12 postcode district average, it is £59k more expensive than the typical property.
More reading links
Schools Nearby
- 300mLutton St Nicholas Primary Academy
- 2.4kmLong Sutton County Primary School
- 3.3kmGedney Church End Primary Academy
- 1.5kmUniversity Academy Long Sutton
- 7.4kmUniversity Academy Holbeach
- 12.6kmSt Clement's High School
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 5, Richard Busby Way, Spalding at 19.2 kilometres away.
- 19.2kmSpalding
- 19.6kmKings Lynn
- 21.7kmBoston
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.
