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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, 8, Erebus Close, Spilsby is a modern freehold house with 1,087 ft2 of internal area and sits on a 698 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Erebus Close, Spilsby is £249,113 and the estimated rental value is £1,063 per month.
Erebus Close, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
8, Erebus Close, Spilsby has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 8, Erebus Close, Spilsby is in very good condition we estimate a sale value of £261,569 and a rental value of £1,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,675 and a rental value of £989 per month.
Over the last 12 months the sale value of 8 Erebus Close Spilsby has decreased by an estimated £9,939 (4.0%) and its rental value has increased by an estimated £32 per month (3.0%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 8, Erebus Close, Spilsby sits on a plot of 698m2.
We have plot size data on 13 out of 15 other houses in the postcode and 8, Erebus Close, Spilsby sits on the 2nd largest plot.
8, Erebus Close, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Erebus Close, Spilsby was last sold on 12th September 2022 for £265,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Erebus Close, Spilsby within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 3, Tennyson Way, Spilsby, PE23 5GH, a freehold house which sold for £260,000 on the 18th October 2024.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erebus Close, Spilsby, PE23 has a total of 15 addresses. According to our analysis of all the public data, 8, Erebus Close, Spilsby is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in PE23.
The closest station to 8, Erebus Close, Spilsby is Thorpe Culvert station which is 8.5 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 8, Erebus Close, Spilsby, 74.1% of property is privately owned outright and 13.0% is privately rented.
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 8, Erebus Close, Spilsby, 9.4% of residents are recorded as possessing school level qualifications and 19.1% 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 8, Erebus Close, Spilsby, the average age was 47.5 and the most common age was 72.
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 8, Erebus Close, Spilsby, 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 8, Erebus Close, Spilsby, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
