5, Water Lane
5, Water Lane
Description & Estimates
5, Water Lane, Spalding is recorded publicly as a period freehold house across 613 ft2 of internal area, sitting on a 93.7 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Water Lane, Spalding is £133,133 and its rental estimate is £746 per month, given the available information and assuming reasonable condition.
Water Lane, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
5, Water Lane, Spalding has 31 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated December 2019.
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 5, Water Lane, Spalding, we estimate a market value of £139,790 and a rental value of £783 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,814 and £694 per month respectively.
Recent Market Change
Over the last year, 5, Water Lane, Spalding has seen its estimated sale value move down by £3,311 (2.5%) and its estimated rental value increase by £31 per month (4.2%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 5, Water Lane, Spalding as measuring 94 m2.
That makes it the 17th largest plot in the postcode, where 20 of the 23 other houses have recorded plot data.
Energy Efficiency
5, Water Lane, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Dec 2019.
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 5, Water Lane, Spalding completed on 8th October 2021 at £127,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 15.6% over the period since October 2021.
- Sold Oct 2021£127,500
- Sold Jul 2020£85,000
- Sold Dec 1995£29,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Water Lane, Spalding have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2025, was 7, Water Lane, Spalding, PE11 2TQ, a freehold house which sold for £158,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Water Lane, Spalding, PE11, 5, Water Lane, Spalding comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the PE11 district.
More reading links
Schools Nearby
- 700mThe Spalding St John the Baptist Church of England Primary School
- 700mSpalding Parish Church of England Day School
- 1.0kmSt Norbert's Catholic Voluntary Academy
- 400mSpalding Grammar School
- 900mSpalding High School
- 1.3kmSpalding Academy
More reading links
Public Transport Nearby
From 5, Water Lane, Spalding, the nearest station is Spalding, 1.0 kilometres away.
- 1.0kmSpalding
- 21.2kmSwineshead
- 21.9kmHubberts Bridge
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 very low, based on Environment Agency data.
