1A, The Terrace
1A, The Terrace
Description & Estimates
The public record describes 1A, The Terrace, Spilsby as a period apartment with 1,064 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
1A, The Terrace, Spilsby has an estimated sale value of £110,925 and an estimated rental value of £557 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, The Terrace, Spilsby, PE23.
The Terrace, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
1A, The Terrace, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated February 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1A, The Terrace, Spilsby would be worth £116,472, with a potential rental value of £584 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,161, with a rental value of £518 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 1A, The Terrace, Spilsby has decreased by £880 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (5.6%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
1A, The Terrace, Spilsby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Feb 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 2.1 kilometres of 1A, The Terrace, Spilsby across the last 2 years.
Most recently, 9A, High Street, Spilsby, PE23 5JH, a leasehold flat, sold at £96,500 on the 13th May 2022.
Read more about house prices in PE23.
•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 1A, The Terrace, Spilsby as the 8th largest and the 4th most expensive of the 16 addresses on The Terrace, Spilsby, PE23.
Against the PE23 postcode district average, it is £133k less expensive than the typical property.
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Schools Nearby
- 300mSpilsby Primary School
- 1.9kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
- 400mKing Edward VI Academy
- 10.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.1kmWilliam Lovell Church of England Academy
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Public Transport Nearby
Thorpe Culvert station is the nearest stop to 1A, The Terrace, Spilsby at 8.9 kilometres away.
- 8.9kmThorpe Culvert
- 12.0kmWainfleet
- 13.5kmHavenhouse
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.
