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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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Public records show Jasmic, Spilsby to be a mid-century freehold house with 764 ft2 of internal area, sitting on a 913 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Jasmic, Spilsby has an estimated sale value of £208,694 and an estimated rental value of £888 per month, assuming reasonable condition and based on the information available.
Main Road, West Keal, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Jasmic, Spilsby has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated August 2015.
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.
In very good condition, we estimate Jasmic, Spilsby would be worth £219,128, with a potential rental value of £932 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,085, with a rental value of £826 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Jasmic, Spilsby has dropped by £6,459 (3.1%) over the last year. During the same period, its estimated monthly rental value has risen by £30 (3.4%). The property's estimated gross yield is currently 5.1%.
Jasmic, Spilsby occupies a 913 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 42 have recorded plot sizes, and this one ranks as the 26th largest.
Jasmic, Spilsby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
Jasmic, Spilsby last changed hands on 24th October 2014, selling for £128,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 47.1% since October 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of Jasmic, Spilsby across the last 2 years.
Most recently, Fineview, Main Road, Spilsby, PE23 4BE, a freehold house, sold at £220,000 on the 28th March 2023.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Jasmic, Spilsby as the 53rd largest and the 53rd most expensive of the 55 addresses on Main Road, West Keal, Spilsby, PE23.
Against the PE23 postcode district average, it is £35k less expensive than the typical property.
Thorpe Culvert station is the nearest stop to Jasmic, Spilsby at 11.0 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Jasmic, Spilsby, 53.2% of property is privately owned outright and 26.6% 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 Jasmic, Spilsby, 15.9% of residents are recorded as possessing school level qualifications and 16.3% 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 Jasmic, Spilsby, the average age was 49.7 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 Jasmic, Spilsby, 0.0% 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 Jasmic, Spilsby, 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.
