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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 72, South Drove, Spalding is a period freehold house with 2,163 ft2 of internal area and sits on a 1,984 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 72, South Drove, Spalding is £408,821 and the estimated rental value is £1,566 per month.
South Drove, Lutton Marsh, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
72, South Drove, Spalding has 31 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 72, South Drove, Spalding is in very good condition we estimate a sale value of £429,262 and a rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,204 and a rental value of £1,457 per month.
Over the past 12 months, the estimated sale value of 72, South Drove, Spalding has moved down by £22,039 (5.4%), while its estimated rental value has increased by £13 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
According to data from HM Land Registry, 72, South Drove, Spalding sits on a plot of 1,984 m2.
We have plot size data on 9 out of 20 other houses in the postcode and 72, South Drove, Spalding sits on the 3rd largest plot.
72, South Drove, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 72, South Drove, Spalding was last sold on 13th March 2020 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2020, the market for similar properties has risen by 18.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, South Drove, Spalding within a radius of 5.4 kilometres over the last 2 years.
The most recent example is 61A, South Drove, Spalding, PE12 9NT, a freehold house which sold for £492,000 on the 31st January 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Drove, Lutton Marsh, Spalding, PE12 has a total of 20 addresses. According to our analysis of all the public data, 72, South Drove, Spalding is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in PE12.
The closest station to 72, South Drove, Spalding is Kings Lynn station, which is 17.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be low.
The recent census recorded whether a resident owned or rented their home.
In the area around 72, South Drove, Spalding, 48.4% of property is privately owned outright and 26.3% 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 72, South Drove, Spalding, 12.2% of residents are recorded as possessing school level qualifications and 18.6% 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 72, South Drove, Spalding, the average age was 46.1 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 72, South Drove, Spalding, 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 72, South Drove, Spalding, 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.
