The Lodge, Spilsby
The Lodge, Spilsby
Description & Estimates
Public records show The Lodge, Spilsby to be a mid-century freehold house with 1,270 ft2 of internal area, sitting on a 1,173 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
The Lodge, Spilsby has an estimated sale value of £302,619 and an estimated rental value of £1,035 per month, assuming reasonable condition and based on the information available.
Lusby, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
The Lodge, Spilsby has 3 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated April 2018.
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 The Lodge, Spilsby would be worth £317,750, with a potential rental value of £1,086 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,435, with a rental value of £962 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 The Lodge, Spilsby has decreased by £9,366 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £35 (3.4%). The property's estimated gross yield is currently 4.1%.
Plot Size
The Lodge, Spilsby occupies a 1,173 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
The Lodge, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2018.
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 Lodge, Spilsby last changed hands on 6th August 2020, selling for £280,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 3.7% since August 2020.
- Sold Aug 2020£280,000
- Sold May 2019£255,000
- Sold Aug 2015£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.4 kilometres of The Lodge, Spilsby across the last 2 years.
Most recently, Ashwell House, Manor Road, Spilsby, PE23 4LL, a freehold house, sold at £276,000 on the 30th June 2021.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks The Lodge, Spilsby as the 18th largest and the 14th most expensive of the 27 addresses on Lusby, Spilsby, PE23.
Against the PE23 postcode district average, it is £59k more expensive than the typical property.
More reading links
Schools Nearby
- 6.3kmSpilsby Primary School
- 6.9kmThe Edward Richardson Primary School, Tetford
- 7.0kmToynton All Saints Primary School
- 6.2kmKing Edward VI Academy
- 7.6kmThe Banovallum School
- 8.6kmQueen Elizabeth's Grammar School, Horncastle
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to The Lodge, Spilsby at 15.1 kilometres away.
- 15.1kmThorpe Culvert
- 18.1kmWainfleet
- 19.9kmHavenhouse
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
