The Paddock, Spilsby
The Paddock, Spilsby
Description & Estimates
According to the public record, The Paddock, Spilsby is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,738 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Paddock, Spilsby is £325,523 and the estimated rental value is £1,233 per month.
Ashby-By-Partney, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Our Data Sources
The Paddock, Spilsby has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If The Paddock, Spilsby is in very good condition we estimate a sale value of £341,799 and a rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,736 and a rental value of £1,147 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Paddock, Spilsby has decreased by £15,508 (4.8%), while its estimated rental value has grown by £19 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Sold Prices
According to HM Land Registry, The Paddock, Spilsby was last sold on 6th September 2007 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen by 43.0%.
- Sold Sep 2007£275,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Paddock, Spilsby within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Beechcroft, Spilsby, PE23 5RQ, a freehold house which sold for £399,950 on the 12th August 2021.
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
Ashby-By-Partney, Spilsby, PE23 has a total of 48 addresses. According to our analysis of all the public data, The Paddock, Spilsby is the 6th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in PE23.
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Schools Nearby
- 2.0kmHalton Holegate CofE Primary School
- 2.4kmPartney Church of England Aided Primary School
- 2.5kmSpilsby Primary School
- 2.7kmKing Edward VI Academy
- 9.5kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 9.8kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to The Paddock, Spilsby is Thorpe Culvert station, which is 7.4 kilometres away.
- 7.4kmThorpe Culvert
- 10.4kmWainfleet
- 11.6kmHavenhouse
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
