Oak Lodge, Spilsby
Oak Lodge, Spilsby
Description & Estimates
Public records show Oak Lodge, Spilsby to be a modern freehold house with 2,529 ft2 of internal area, sitting on a 1,500 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Oak Lodge, Spilsby has an estimated sale value of £503,685 and an estimated rental value of £1,649 per month, assuming reasonable condition and based on the information available.
Main Road, Hundleby, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
Oak Lodge, Spilsby has 21 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that 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 Oak Lodge, Spilsby would be worth £528,870, with a potential rental value of £1,732 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £468,427, with a rental value of £1,534 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 Oak Lodge, Spilsby has fallen by £24,967 (5.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (1.5%). The property's estimated gross yield is currently 3.9%.
Plot Size
Oak Lodge, Spilsby occupies a 1,500 m2 plot as recorded by HM Land Registry.
Of the 48 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
Oak Lodge, Spilsby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Oak Lodge, Spilsby last changed hands on 10th November 2017, selling for £385,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 20.1% since November 2017.
- Sold Nov 2017£385,000
- Sold Apr 2004£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of Oak Lodge, Spilsby across the last 2 years.
Most recently, The Nook, Raithby Hill, Spilsby, PE23 4DL, a freehold house, sold at £605,000 on the 10th October 2024.
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 Oak Lodge, Spilsby as the 15th largest and the 9th most expensive of the 129 addresses on Main Road, Hundleby, Spilsby, PE23.
Against the PE23 postcode district average, it is £260k more expensive than the typical property.
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Schools Nearby
- 700mSpilsby Primary School
- 2.6kmHalton Holegate CofE Primary School
- 2.7kmPartney Church of England Aided Primary School
- 600mKing Edward VI Academy
- 10.8kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 10.9kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to Oak Lodge, Spilsby at 9.7 kilometres away.
- 9.7kmThorpe Culvert
- 12.8kmWainfleet
- 14.3kmHavenhouse
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.
