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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
According to the public record, Cornfields, Spalding is a modern freehold house with 1,689 ft2 of internal area and sits on a 674 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 Cornfields, Spalding is £346,148 and the estimated rental value is £1,284 per month.
Lutton Bank, Lutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Cornfields, Spalding has 31 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated August 2020.
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.
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 Cornfields, Spalding is in very good condition we estimate a sale value of £363,455 and a rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,917 and a rental value of £1,194 per month.
Over the last 12 months the sale value of Cornfields Spalding has decreased by an estimated £14,837 (4.3%) and its rental value has increased by an estimated £5 per month (0.4%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, Cornfields, Spalding sits on a plot of 674m2.
We have plot size data on 16 out of 18 other houses in the postcode and Cornfields, Spalding sits on the 12th largest plot.
Cornfields, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Cornfields, Spalding was last sold on 8th April 2021 for £361,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2021, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cornfields, Spalding within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 17, Ropers Gate, Spalding, PE12 9NU, a freehold house which sold for £335,000 on the 29th September 2021.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lutton Bank, Lutton, Spalding, PE12 has a total of 36 addresses. According to our analysis of all the public data, Cornfields, Spalding is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in PE12.
The closest station to Cornfields, Spalding is Spalding station which is 19.5 kilometres 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 very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Cornfields, Spalding, 48.4% of property is privately owned outright and 26.3% 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 Cornfields, Spalding, 12.2% of residents are recorded as possessing school level qualifications and 18.6% 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 Cornfields, Spalding, the average age was 46.1 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 Cornfields, Spalding, 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 Cornfields, Spalding, 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.
