According to the public record, 31, Cornfields, Spalding is a modern freehold house and with 979 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cornfields, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
31, Cornfields, Spalding has 21 entries in the Land Registry database, most recently in August 2018 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Cornfields Spalding as £185,179 and the rental value as £913 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 31 Cornfields Spalding has increased by £3,887 (2.1%) and its rental value has increased by £6 per month (0.7%).
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 31, Cornfields, Spalding is in very good condition we estimate a sale value of £194,438 and rental value of £958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,217 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £185,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £910 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, 31, Cornfields, Spalding sits on a plot of 259m2.
We have plot size data on 31 out of 47 other houses in the postcode and 31, Cornfields, Spalding sits on the 8th largest plot.
According to HM Land Registry, 31, Cornfields, Spalding was last sold on 21 Aug 2018 for £144,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Cornfields, Spalding within a radius of 113m over the last 2 years.
The most recent example is 45, Cornfields, Spalding, PE12 7QN, a Freehold house which sold for £160,000 in Sep 2022.
Read more about house prices in PE12.
Cornfields, Holbeach, Spalding, PE12 has a total of 54 addresses. According to our analysis of all the public data, 31, Cornfields, Spalding is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in PE12.
31, Cornfields, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 31, Cornfields, Spalding is Spalding station which is 12.3 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 31, Cornfields, Spalding, 39.4% of property is privately owned with a mortgage and 25.4% is privately owned outright.
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 31, Cornfields, Spalding, 18.8% of residents are recorded as possessing school level qualifications and 13.7% 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 31, Cornfields, Spalding, the average age was 44.5 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 31, Cornfields, Spalding, 0.0% 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 31, Cornfields, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.