8, Maddison Lane
8, Maddison Lane
Description & Estimates
The public record describes 8, Maddison Lane, Spilsby as a mid-century house with 893 ft2 of internal area, sitting on a 837 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Maddison Lane, Spilsby has an estimated sale value of £237,106 and an estimated rental value of £944 per month, assuming reasonable condition and based on the information available.
Maddison Lane, Partney, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
8, Maddison Lane, Spilsby has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 8, Maddison Lane, Spilsby would be worth £248,961, with a potential rental value of £991 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,509, with a rental value of £878 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, Maddison Lane, Spilsby has fallen by £7,338 (3.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (3.4%). The property's estimated gross yield is currently 4.8%.
Plot Size
8, Maddison Lane, Spilsby occupies a 837 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
8, Maddison Lane, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
8, Maddison Lane, Spilsby last changed hands on 17th July 2006, selling for £119,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Jul 2006£119,950
- Sold Jun 2004£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of 8, Maddison Lane, Spilsby across the last 2 years.
Most recently, Sunrise, Maddison Lane, Spilsby, PE23 4PX, a freehold house, sold at £232,000 on the 5th October 2022.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Maddison Lane, Spilsby as the 10th largest and the 4th most expensive of the 29 addresses on Maddison Lane, Partney, Spilsby, PE23.
Against the PE23 postcode district average, it is £7k less expensive than the typical property.
More reading links
Schools Nearby
- 0mPartney Church of England Aided Primary School
- 2.3kmSpilsby Primary School
- 3.7kmHalton Holegate CofE Primary School
- 2.3kmKing Edward VI Academy
- 8.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 8.6kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to 8, Maddison Lane, Spilsby at 9.9 kilometres away.
- 9.9kmThorpe Culvert
- 12.9kmWainfleet
- 14.0kmHavenhouse
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.
