7, Old School Mews
7, Old School Mews
Description & Estimates
Public records show 7, Old School Mews, Spilsby to be an early-century freehold house with 484 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Old School Mews, Spilsby has an estimated sale value of £140,191 and an estimated rental value of £668 per month, assuming reasonable condition and based on the information available.
Old School Mews, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
7, Old School Mews, Spilsby has a single entry in the Land Registry from February 2025 and a single entry in the EPC database dated May 2020.
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
In very good condition, we estimate 7, Old School Mews, Spilsby would be worth £147,201, with a potential rental value of £702 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £130,378, with a rental value of £622 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 7, Old School Mews, Spilsby has dropped by £2,081 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £34 (5.0%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
7, Old School Mews, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
7, Old School Mews, Spilsby last changed hands on 28th February 2025, selling for £156,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.0% since February 2025.
- Sold Feb 2025£156,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 7, Old School Mews, Spilsby across the last 2 years.
Most recently, 6, Old School Mews, Spilsby, PE23 5QU, a freehold house, sold at £156,000 on the 19th February 2025.
Read more about house prices in PE23.
•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 7, Old School Mews, Spilsby as the 26th largest and the 23rd most expensive of the 27 addresses on Old School Mews, Spilsby, PE23.
Against the PE23 postcode district average, it is £103k less expensive than the typical property.
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Schools Nearby
- 500mSpilsby Primary School
- 1.6kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
- 700mKing Edward VI Academy
- 10.6kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to 7, Old School Mews, Spilsby at 8.6 kilometres away.
- 8.6kmThorpe Culvert
- 11.7kmWainfleet
- 13.2kmHavenhouse
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 very low risk of flooding.
