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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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According to the public record, 51A, Love Lane, Spalding is a modern freehold house with 1,597 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 51A, Love Lane, Spalding is £307,169 and the estimated rental value is £1,307 per month.
Love Lane, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
51A, Love Lane, Spalding has 5 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated September 2011.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 51A, Love Lane, Spalding is in very good condition we estimate a sale value of £322,527 and a rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,667 and a rental value of £1,215 per month.
Over the past 12 months, the estimated sale value of 51A, Love Lane, Spalding has declined by £15,948 (5.2%), while its estimated rental value has climbed by £13 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 5.1%.
According to data from HM Land Registry, 51A, Love Lane, Spalding sits on a plot of 249 m2.
We have plot size data on 13 out of 15 other houses in the postcode and 51A, Love Lane, Spalding sits on the 9th largest plot.
51A, Love Lane, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Sep 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 51A, Love Lane, Spalding was last sold on 23rd September 2021 for £326,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since September 2021, the market for similar properties has dropped by 2.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Love Lane, Spalding within a radius of 600 metres over the last 2 years.
The most recent example is 3, Victoria Mews, Spalding, PE11 1XL, a freehold house which sold for £292,500 on the 4th October 2024.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Love Lane, Spalding, PE11 has a total of 32 addresses. According to our analysis of all the public data, 51A, Love Lane, Spalding is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in PE11.
The closest station to 51A, Love Lane, Spalding is Spalding station, which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
The recent census recorded whether a resident owned or rented their home.
In the area around 51A, Love Lane, Spalding, 58.2% of property is privately owned outright and 19.9% 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 51A, Love Lane, Spalding, 12.6% 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 51A, Love Lane, Spalding, the average age was 42.5 and the most common age was 52.
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 51A, Love Lane, Spalding, 0.7% 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 51A, Love Lane, Spalding, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
