Pegasus, Spalding
Pegasus, Spalding
Description & Estimates
Pegasus, Spalding is recorded publicly as a modern freehold house across 1,022 ft2 of internal area, sitting on a 2,987 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Pegasus, Spalding is £246,535 and its rental estimate is £1,092 per month, given the available information and assuming reasonable condition.
Gedney Drove End, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
Pegasus, Spalding has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated November 2025.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Pegasus, Spalding, we estimate a market value of £258,862 and a rental value of £1,146 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £229,278 and £1,015 per month respectively.
Recent Market Change
Over the last year, Pegasus, Spalding has seen its estimated sale value decrease by £5,895 (2.4%) and its estimated rental value grow by £24 per month (2.2%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for Pegasus, Spalding as measuring 2,987 m2.
That makes it the largest plot in the postcode, where 4 of the 7 other houses have recorded plot data.
Energy Efficiency
Pegasus, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Pegasus, Spalding completed on 14th October 2016 at £174,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.2% over the period since October 2016.
- Sold Oct 2016£174,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Pegasus, Spalding have sold within a radius of 7.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th May 2025, was Hayfield Cottage, Main Road, Spalding, PE12 9PD, a freehold house which sold for £283,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Gedney Drove End, Spalding, PE12, Pegasus, Spalding comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £7k more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 500mGedney Drove End Primary School
- 5.1kmLutton St Nicholas Primary Academy
- 7.2kmLong Sutton County Primary School
- 6.0kmUniversity Academy Long Sutton
- 11.0kmUniversity Academy Holbeach
- 12.3kmSt Clement's High School
More reading links
Public Transport Nearby
From Pegasus, Spalding, the nearest station is Kings Lynn, 18.4 kilometres away.
- 18.4kmKings Lynn
- 20.4kmBoston
- 22.9kmSpalding
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
