Spring House, Sleaford
Spring House, Sleaford
Description & Estimates
Spring House, Sleaford is recorded publicly as a mid-century freehold house across 2,540 ft2 of internal area, sitting on a 2,109 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Spring House, Sleaford is £634,659 and its rental estimate is £2,166 per month, given the available information and assuming reasonable condition.
Spring Lane, Leasingham, Sleaford, NG34 falls within the NG34 postal district, in the borough of North Kesteven.
Our Data Sources
Spring House, Sleaford has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated June 2021.
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 Spring House, Sleaford, we estimate a market value of £666,392 and a rental value of £2,274 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £590,233 and £2,014 per month respectively.
Recent Market Change
Over the last year, Spring House, Sleaford has seen its estimated sale value drop by £25,665 (4.0%) and its estimated rental value rise by £18 per month (0.8%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Spring House, Sleaford as measuring 2,109 m2.
Energy Efficiency
Spring House, Sleaford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Spring House, Sleaford completed on 15th July 2022 at £710,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.1% over the period since July 2022.
- Sold Jul 2022£710,000
- Sold Jun 2013£380,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Spring House, Sleaford have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2023, was West Lodge, Westfield Road, Sleaford, NG34 8LZ, a freehold house which sold for £750,000.
Read more about house prices in NG34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1 addresses on Spring Lane, Leasingham, Sleaford, NG34, Spring House, Sleaford comes out as the largest and the most expensive in our analysis of the public data.
It is also £397k more expensive than the average property across the NG34 district.
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Schools Nearby
- 200mThe Leasingham St Andrew's Church of England Primary School
- 2.6kmOur Lady of Good Counsel Catholic Primary School, A Voluntary Academy
- 2.9kmChurch Lane Primary School & Nursery
- 2.7kmCarre's Grammar School
- 2.8kmSt George's Academy
- 3.3kmKesteven and Sleaford High School Selective Academy
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Public Transport Nearby
From Spring House, Sleaford, the nearest station is Sleaford, 3.5 kilometres away.
- 3.5kmSleaford
- 3.9kmRuskington
- 4.7kmRauceby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
