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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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9, Defoe Lane, Spalding is recorded publicly as a modern freehold house across 775 ft2 of internal area, sitting on a 149 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Defoe Lane, Spalding is £170,720 and its rental estimate is £949 per month, given the available information and assuming reasonable condition.
Defoe Lane, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
9, Defoe Lane, Spalding has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated May 2021.
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.
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 9, Defoe Lane, Spalding, we estimate a market value of £179,256 and a rental value of £997 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,770 and £883 per month respectively.
Over the last year, 9, Defoe Lane, Spalding has seen its estimated sale value fall by £6,184 (3.6%) and its estimated rental value move up by £29 per month (3.0%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 9, Defoe Lane, Spalding as measuring 149 m2.
That makes it the 7th largest plot in the postcode, where all 10 other houses have recorded plot data.
9, Defoe Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 9, Defoe Lane, Spalding completed on 4th June 2021 at £159,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.3% over the period since June 2021.
Over the past 2 years 3 properties similar to 9, Defoe Lane, Spalding have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 10, Nesbit Avenue, Spalding, PE11 1FY, a freehold house which sold for £173,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Defoe Lane, Spalding, PE11, 9, Defoe Lane, Spalding comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the PE11 district.
From 9, Defoe Lane, Spalding, the nearest station is Spalding, 1.7 kilometres away.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Defoe Lane, Spalding, 35.3% of property is privately owned with a mortgage and 33.2% 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 9, Defoe Lane, Spalding, 18.3% of residents are recorded as possessing school level qualifications and 24.8% 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 9, Defoe Lane, Spalding, the average age was 42.3 and the most common age was 32.
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 9, Defoe Lane, Spalding, 0.2% 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 9, Defoe Lane, Spalding, 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.
