5F, The Terrace
5F, The Terrace
Description & Estimates
The public record describes 5F, The Terrace, Spilsby as a period apartment with 850 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5F, The Terrace, Spilsby has an estimated sale value of £98,996 and an estimated rental value of £542 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, The Terrace, Spilsby, PE23.
The Terrace, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
5F, The Terrace, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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 5F, The Terrace, Spilsby would be worth £103,945, with a potential rental value of £569 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £92,066, with a rental value of £504 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 5F, The Terrace, Spilsby has declined by £991 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (5.4%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
5F, The Terrace, Spilsby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 5F, The Terrace, Spilsby across the last 2 years.
Most recently, 10, Old School Mews, Spilsby, PE23 5QU, a leasehold flat, sold at £156,000 on the 17th January 2025.
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 5F, The Terrace, Spilsby as the 12th largest and the 7th most expensive of the 16 addresses on The Terrace, Spilsby, PE23.
Against the PE23 postcode district average, it is £145k 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 5F, 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.
