According to the public record, Norton Lodge, Spalding is a mid-century freehold house and with 1,453 ft2 of internal area and sits on a 1,405 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lutton Gowts, Lutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Norton Lodge, Spalding has 2 entries in the Land Registry database, most recently in March 2024 and 2 entries in the EPC database, most recently in January 2024.
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 Norton Lodge Spalding as £335,873 and the rental value as £1,220 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Norton Lodge Spalding has increased by £2,774 (0.8%) and its rental value has decreased by £8 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 Norton Lodge, Spalding is in very good condition we estimate a sale value of £352,667 and rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,362 and a rental value of £1,134 per month.
If you were able to purchase this property for the estimated value of £335,873, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,651 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, Norton Lodge, Spalding sits on a plot of 1405m2.
We have plot size data on 32 out of 57 other houses in the postcode and Norton Lodge, Spalding sits on the 5th largest plot.
According to HM Land Registry, Norton Lodge, Spalding was last sold on 28 Mar 2024 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2024, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Norton Lodge, Spalding within a radius of 1.2km over the last 2 years.
The most recent example is 29, Park Road, Spalding, PE12 9DJ, a Freehold house which sold for £372,500 in Aug 2023.
Read more about house prices in PE12.
Lutton Gowts, Lutton, Spalding, PE12 has a total of 57 addresses. According to our analysis of all the public data, Norton Lodge, Spalding is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in PE12.
Norton Lodge, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2024.
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 Norton Lodge, Spalding is Kings Lynn station which is 19.1 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 Norton Lodge, Spalding, 63.3% of property is privately owned outright and 26.5% 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 Norton Lodge, Spalding, 12.3% of residents are recorded as possessing school level qualifications and 22.6% 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 Norton Lodge, Spalding, the average age was 46.1 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 Norton Lodge, Spalding, 3.1% 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 Norton Lodge, 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.