9, Lancewood Road
9, Lancewood Road
Description & Estimates
Public records show 9, Lancewood Road, Spalding to be a modern freehold house with 710 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
9, Lancewood Road, Spalding has an estimated sale value of £221,967 and an estimated rental value of £1,003 per month, assuming reasonable condition and based on the information available.
Lancewood Road, Holbeach, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
9, Lancewood Road, Spalding has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated October 2023.
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.
Price Range & Condition
In very good condition, we estimate 9, Lancewood Road, Spalding would be worth £233,065, with a potential rental value of £1,053 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £206,429, with a rental value of £933 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 9, Lancewood Road, Spalding has declined by £5,307 (2.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (2.2%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
9, Lancewood Road, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
9, Lancewood Road, Spalding last changed hands on 20th October 2023, selling for £267,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.5% since October 2023.
- Sold Oct 2023£267,000
- Sold Oct 2023£267,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 9, Lancewood Road, Spalding across the last 2 years.
Most recently, 88, Pheasant Street, Spalding, PE12 8PU, a freehold house, sold at £167,750 on the 16th November 2023.
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
Our analysis of the public data ranks 9, Lancewood Road, Spalding as the 14th largest and the 14th most expensive of the 14 addresses on Lancewood Road, Holbeach, Spalding, PE12.
Against the PE12 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 900mThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 1.6kmHolbeach Primary Academy
- 2.8kmWhaplode Church of England Primary School
- 1.6kmUniversity Academy Holbeach
- 8.0kmUniversity Academy Long Sutton
- 10.1kmSpalding Academy
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Public Transport Nearby
Spalding station is the nearest stop to 9, Lancewood Road, Spalding at 11.4 kilometres away.
- 11.4kmSpalding
- 20.5kmBoston
- 21.7kmHubberts Bridge
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
