8, Drakes Close
8, Drakes Close
Description & Estimates
The public record describes 8, Drakes Close, Spalding as a mid-century house with 355 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Drakes Close, Spalding has an estimated sale value of £109,167 and an estimated rental value of £612 per month, assuming reasonable condition and based on the information available.
Drakes Close, Holbeach, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
8, Drakes Close, Spalding has no records in the the Land Registry and a single entry in the EPC database dated December 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 8, Drakes Close, Spalding would be worth £114,625, with a potential rental value of £642 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £101,525, with a rental value of £569 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 8, Drakes Close, Spalding has decreased by £1,193 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (4.0%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
8, Drakes Close, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 760 metres of 8, Drakes Close, Spalding across the last 2 years.
Most recently, 24, Hall Hill Road, Spalding, PE12 7JB, a freehold house, sold at £35,000 on the 21st December 2011.
Read more about house prices in PE12.
•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 8, Drakes Close, Spalding as the 18th largest and the 18th most expensive of the 18 addresses on Drakes Close, Holbeach, Spalding, PE12.
Against the PE12 postcode district average, it is £130k less expensive than the typical property.
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Schools Nearby
- 800mThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 1.2kmHolbeach Primary Academy
- 2.5kmFleet Wood Lane School
- 1.0kmUniversity Academy Holbeach
- 7.3kmUniversity Academy Long Sutton
- 10.8kmSpalding Academy
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Public Transport Nearby
Spalding station is the nearest stop to 8, Drakes Close, Spalding at 12.1 kilometres away.
- 12.1kmSpalding
- 20.0kmBoston
- 21.3kmHubberts Bridge
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
