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According to the public record, 55, Branches Lane, Spalding is a mid-century freehold house with 1,872 ft2 of internal area and sits on a 2,110 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Branches Lane, Spalding is £401,176 and the estimated rental value is £1,524 per month.
Branches Lane, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
55, Branches Lane, Spalding has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated July 2016.
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.
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 55, Branches Lane, Spalding is in very good condition we estimate a sale value of £421,234 and a rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,093 and a rental value of £1,417 per month.
Over the last 12 months the sale value of 55 Branches Lane Spalding has decreased by an estimated £21,627 (5.4%) and its rental value has increased by an estimated £13 per month (0.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 55, Branches Lane, Spalding sits on a plot of 2110m2.
We have plot size data on 10 out of 15 other houses in the postcode and 55, Branches Lane, Spalding sits on the 4th largest plot.
55, Branches Lane, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Branches Lane, Spalding was last sold on 13th December 2021 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Branches Lane, Spalding within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 59, Branches Lane, Spalding, PE12 8PE, a freehold house which sold for £355,000 on the 3rd April 2020.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Branches Lane, Holbeach, Spalding, PE12 has a total of 41 addresses. According to our analysis of all the public data, 55, Branches Lane, Spalding is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in PE12.
The closest station to 55, Branches Lane, Spalding is Spalding station which is 12.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 55, Branches Lane, Spalding, 72.4% of property is privately owned outright and 20.2% 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 55, Branches Lane, Spalding, 9.1% of residents are recorded as possessing school level qualifications and 15.8% 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 55, Branches Lane, Spalding, the average age was 47.2 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 55, Branches Lane, Spalding, 0.0% 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 55, Branches Lane, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.