8, Low Lane
8, Low Lane
Description & Estimates
8, Low Lane, Spalding is recorded publicly as a modern freehold house across 731 ft2 of internal area, sitting on a 147 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Low Lane, Spalding is £164,513 and its rental estimate is £923 per month, given the available information and assuming reasonable condition.
Low Lane, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
8, Low Lane, Spalding has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2018.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Low Lane, Spalding, we estimate a market value of £172,738 and a rental value of £969 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,997 and £858 per month respectively.
Recent Market Change
Over the last year, 8, Low Lane, Spalding has seen its estimated sale value decline by £3,934 (2.4%) and its estimated rental value climb by £20 per month (2.2%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 8, Low Lane, Spalding as measuring 147 m2.
That makes it the 22nd largest plot in the postcode, where 29 of the 39 other houses have recorded plot data.
Energy Efficiency
8, Low Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Low Lane, Spalding completed on 30th April 2021 at £137,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 22.8% over the period since April 2021.
- Sold Apr 2021£137,000
- Sold Sep 2018£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Low Lane, Spalding have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 38, Low Lane, Spalding, PE12 7GA, a freehold house which sold for £171,000.
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
Of the 77 addresses on Low Lane, Holbeach, Spalding, PE12, 8, Low Lane, Spalding comes out as the 53rd largest and the 67th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 1.1kmHolbeach Primary Academy
- 1.4kmThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 2.2kmHolbeach Bank Primary Academy
- 800mUniversity Academy Holbeach
- 7.1kmUniversity Academy Long Sutton
- 11.4kmSpalding Academy
More reading links
Public Transport Nearby
From 8, Low Lane, Spalding, the nearest station is Spalding, 12.6 kilometres away.
- 12.6kmSpalding
- 19.1kmBoston
- 20.6kmHubberts Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
