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According to the public record, 5, Spring Lane, Sleaford is a period house with 613 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Spring Lane, Sleaford is £205,353 and the estimated rental value is £803 per month.
Spring Lane, Horbling, Sleaford, NG34 is located in the borough of South Kesteven within the NG34 postal district.
5, Spring Lane, Sleaford has no records in the the Land Registry and a single entry in the EPC database dated June 2014.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Spring Lane, Sleaford is in very good condition we estimate a sale value of £215,621 and a rental value of £843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,979 and a rental value of £747 per month.
Over the past 12 months, the estimated sale value of 5, Spring Lane, Sleaford has decreased by £4,105 (2.0%), while its estimated rental value has grown by £24 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 4.7%.
5, Spring Lane, Sleaford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, smokeless fuel.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Spring Lane, Sleaford within a radius of 5.7 kilometres over the last 2 years.
The most recent example is Three Kings Inn, Saltersway, Sleaford, NG34 0AU, a freehold house which sold for £299,500 on the 19th March 2024.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Horbling, Sleaford, NG34 has a total of 16 addresses. According to our analysis of all the public data, 5, Spring Lane, Sleaford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in NG34.
The closest station to 5, Spring Lane, Sleaford is Heckington station, which is 8.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Spring Lane, Sleaford, 35.2% of property is privately owned outright and 33.7% 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, Spring Lane, Sleaford, 18.3% of residents are recorded as possessing school level qualifications and 31.4% 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, Spring Lane, Sleaford, the average age was 46.4 and the most common age was 57.
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, Spring Lane, Sleaford, 0.9% 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, Spring Lane, Sleaford, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.