Rheims, Spilsby
Rheims, Spilsby
Description & Estimates
The public record describes Rheims, Spilsby as a mid-century house with 1,399 ft2 of internal area, sitting on a 771 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Rheims, Spilsby has an estimated sale value of £291,732 and an estimated rental value of £1,122 per month, assuming reasonable condition and based on the information available.
Main Road, Keal Cotes, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
Rheims, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Rheims, Spilsby would be worth £306,319, with a potential rental value of £1,178 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £271,311, with a rental value of £1,043 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 Rheims, Spilsby has fallen by £13,898 (4.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £17 (1.5%). The property's estimated gross yield is currently 4.6%.
Plot Size
Rheims, Spilsby occupies a 771 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 18th largest.
Energy Efficiency
Rheims, Spilsby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.5 kilometres of Rheims, Spilsby across the last 2 years.
Most recently, Thornlea, Fen Road, Spilsby, PE23 4AF, a freehold house, sold at £342,000 on the 15th August 2023.
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 Rheims, Spilsby as the 13th largest and the 13th most expensive of the 47 addresses on Main Road, Keal Cotes, Spilsby, PE23.
Against the PE23 postcode district average, it is £48k more expensive than the typical property.
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Schools Nearby
- 3.7kmToynton All Saints Primary School
- 4.7kmStickney Church of England Primary School
- 5.0kmThe New Leake Primary School
- 4.9kmWilliam Lovell Church of England Academy
- 6.3kmKing Edward VI Academy
- 11.8kmThe Giles Academy
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Public Transport Nearby
Thorpe Culvert station is the nearest stop to Rheims, Spilsby at 10.7 kilometres away.
- 10.7kmThorpe Culvert
- 13.3kmWainfleet
- 15.7kmHavenhouse
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.
