According to the public record, 13, Fen Gate, Spalding is a modern freehold house and with 2,303 ft2 of internal area and sits on a 575 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Fen Gate, Moulton Chapel, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
13, Fen Gate, Spalding has 31 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Fen Gate Spalding as £475,035 and the rental value as £1,616 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 13 Fen Gate Spalding has increased by £4,207 (0.9%) and its rental value has increased by £6 per month (0.4%).
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 13, Fen Gate, Spalding is in very good condition we estimate a sale value of £498,786 and rental value of £1,697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,782 and a rental value of £1,503 per month.
If you were able to purchase this property for the estimated value of £475,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,335 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 13, Fen Gate, Spalding sits on a plot of 575m2.
We have plot size data on 31 out of 47 other houses in the postcode and 13, Fen Gate, Spalding sits on the 27th largest plot.
According to HM Land Registry, 13, Fen Gate, Spalding was last sold on 01 Sep 2023 for £480,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Fen Gate, Spalding within a radius of 139m over the last 2 years.
The most recent example is 14, Fen Gate, Spalding, PE12 0XL, a Freehold house which sold for £410,000 in Oct 2023.
Read more about house prices in PE12.
Fen Gate, Moulton Chapel, Spalding, PE12 has a total of 51 addresses. According to our analysis of all the public data, 13, Fen Gate, Spalding is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in PE12.
13, Fen Gate, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 13, Fen Gate, Spalding is Spalding station which is 6.5 km away.
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 13, Fen Gate, Spalding, 48.9% of property is privately owned outright and 34.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 13, Fen Gate, Spalding, 17.4% of residents are recorded as possessing school level qualifications and 23.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Fen Gate, Spalding, the average age was 46.3 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 13, Fen Gate, Spalding, 0.7% 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 13, Fen Gate, Spalding, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.