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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Wesley Cottage, Spilsby is a period freehold house with 796 ft2 of internal area and sits on a 413 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Wesley Cottage, Spilsby is £197,116 and the estimated rental value is £882 per month.
Raithby, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Wesley Cottage, Spilsby has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 Wesley Cottage, Spilsby is in very good condition we estimate a sale value of £206,972 and a rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,318 and a rental value of £821 per month.
Over the last 12 months the sale value of Wesley Cottage Spilsby has decreased by an estimated £6,100 (3.1%) and its rental value has increased by an estimated £30 per month (3.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, Wesley Cottage, Spilsby sits on a plot of 413m2.
We have plot size data on 21 out of 31 other houses in the postcode and Wesley Cottage, Spilsby sits on the 13th largest plot.
Wesley Cottage, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Wesley Cottage, Spilsby was last sold on 2nd June 2021 for £175,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wesley Cottage, Spilsby within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Coach House, Spilsby, PE23 4DS, a freehold house which sold for £280,000 on the 26th March 2024.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raithby, Spilsby, PE23 has a total of 61 addresses. According to our analysis of all the public data, Wesley Cottage, Spilsby is the 40th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in PE23.
The closest station to Wesley Cottage, Spilsby is Thorpe Culvert station which is 11.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Wesley Cottage, Spilsby, 60.9% of property is privately owned outright and 21.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Wesley Cottage, Spilsby, 6.8% of residents are recorded as possessing school level qualifications and 27.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Wesley Cottage, Spilsby, the average age was 49.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Wesley Cottage, Spilsby, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Wesley Cottage, Spilsby, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
