Shambles, Spilsby
Shambles, Spilsby
Description & Estimates
Public records show Shambles, Spilsby to be a period freehold house with 1,130 ft2 of internal area, sitting on a 1,031 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Shambles, Spilsby has an estimated sale value of £272,567 and an estimated rental value of £988 per month, assuming reasonable condition and based on the information available.
Great Steeping, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
Shambles, Spilsby has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated September 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.
Price Range & Condition
In very good condition, we estimate Shambles, Spilsby would be worth £286,195, with a potential rental value of £1,038 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £253,487, with a rental value of £919 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 Shambles, Spilsby has declined by £8,435 (3.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (3.4%). The property's estimated gross yield is currently 4.4%.
Plot Size
Shambles, Spilsby occupies a 1,031 m2 plot as recorded by HM Land Registry.
Of the 36 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
Shambles, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Shambles, Spilsby last changed hands on 26th January 2018, selling for £125,000. 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 28.1% since January 2018.
- Sold Jan 2018£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.1 kilometres of Shambles, Spilsby across the last 2 years.
Most recently, Clovelly, School Lane, Spilsby, PE23 5PU, a freehold house, sold at £250,000 on the 17th February 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 Shambles, Spilsby as the 29th largest and the 21st most expensive of the 56 addresses on Great Steeping, Spilsby, PE23.
Against the PE23 postcode district average, it is £29k more expensive than the typical property.
More reading links
Schools Nearby
- 200mGreat Steeping Primary School
- 2.4kmHalton Holegate CofE Primary School
- 4.3kmSpilsby Primary School
- 4.5kmKing Edward VI Academy
- 11.3kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.5kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to Shambles, Spilsby at 5.0 kilometres away.
- 5.0kmThorpe Culvert
- 8.0kmWainfleet
- 9.4kmHavenhouse
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.
