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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
8, Spring Lane, Sleaford is recorded publicly as a modern freehold house across 1,754 ft2 of internal area, sitting on a 733 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Spring Lane, Sleaford is £379,430 and its rental estimate is £1,261 per month, given the available information and assuming reasonable condition.
Spring Lane, Horbling, Sleaford, NG34 falls within the NG34 postal district, in the borough of South Kesteven.
8, Spring Lane, Sleaford has 21 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Spring Lane, Sleaford, we estimate a market value of £398,401 and a rental value of £1,324 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £352,870 and £1,173 per month respectively.
Over the last year, 8, Spring Lane, Sleaford has seen its estimated sale value fall by £13,873 (3.7%) and its estimated rental value move up by £16 per month (1.3%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 8, Spring Lane, Sleaford as measuring 733 m2.
That makes it the 9th largest plot in the postcode, where 11 of the 16 other houses have recorded plot data.
8, Spring Lane, Sleaford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 8, Spring Lane, Sleaford completed on 14th November 2012 at £325,000 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 56.4% over the period since November 2012.
Over the past 2 years 3 properties similar to 8, Spring Lane, Sleaford have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 23, High Street, Sleaford, NG34 0PE, a freehold house which sold for £399,950.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Spring Lane, Horbling, Sleaford, NG34, 8, Spring Lane, Sleaford comes out as the 9th largest and the 8th most expensive in our analysis of the public data.
It is also £141k more expensive than the average property across the NG34 district.
From 8, Spring Lane, Sleaford, the nearest station is Heckington, 8.8 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Spring Lane, Sleaford, 35.2% of property is privately owned outright and 33.7% 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 8, Spring Lane, Sleaford, 18.3% of residents are recorded as possessing school level qualifications and 31.4% 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, Spring Lane, Sleaford, the average age was 46.4 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 8, Spring Lane, Sleaford, 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 8, Spring Lane, Sleaford, 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.
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