According to the public record, Dormer Cottage, Spalding is a modern freehold house and with 2,486 ft2 of internal area and sits on a 4,114 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Marriots Gate, Lutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Dormer Cottage, Spalding has 41 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated May 2019.
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 Dormer Cottage Spalding as £399,666 and the rental value as £1,676 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Dormer Cottage Spalding has increased by £4,993 (1.2%) and its rental value has decreased by £2 per month (0.1%).
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 Dormer Cottage, Spalding is in very good condition we estimate a sale value of £419,649 and rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,689 and a rental value of £1,559 per month.
If you were able to purchase this property for the estimated value of £399,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,964 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, Dormer Cottage, Spalding sits on a plot of 4114m2.
We have plot size data on 29 out of 49 other houses in the postcode and Dormer Cottage, Spalding sits on the largest plot.
According to HM Land Registry, Dormer Cottage, Spalding was last sold on 13 Mar 2020 for £550,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2020, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Dormer Cottage, Spalding within a radius of 1.5km over the last 2 years.
The most recent example is 21, Woad Lane, Spalding, PE12 9LD, a Freehold house which sold for £345,000 in May 2024.
Read more about house prices in PE12.
Marriots Gate, Lutton, Spalding, PE12 has a total of 49 addresses. According to our analysis of all the public data, Dormer Cottage, Spalding is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in PE12.
Dormer Cottage, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 2019.
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 Dormer Cottage, Spalding is Spalding station which is 18.9 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 Dormer Cottage, Spalding, 63.1% of property is privately owned outright and 25.5% 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 Dormer Cottage, Spalding, 14.8% of residents are recorded as possessing school level qualifications and 17.7% 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 Dormer Cottage, Spalding, the average age was 46.9 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 Dormer Cottage, Spalding, 0.9% 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 Dormer Cottage, Spalding, 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.