According to the public record, Paddock House, Spalding is a modern house with 3,444 ft2 of internal area and sits on a 4,213 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bear Lane, Pinchbeck, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
Paddock House, Spalding has no records in the Land Registry database and a single entry in the EPC database dated October 2013.
We combine this information with public data 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 Paddock House Spalding as £465,358 and the rental value as £1,867 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Paddock House Spalding has increased by £5,901 (1.3%) and its rental value has increased by £19 per month (1.0%).
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 Paddock House, Spalding is in very good condition we estimate a sale value of £488,626 and rental value of £1,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,783 and a rental value of £1,736 per month.
If you were able to purchase this property for the estimated value of £465,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,287 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, Paddock House, Spalding sits on a plot of 4213m2.
We have plot size data on 8 out of 9 other houses in the postcode and Paddock House, Spalding sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Paddock House, Spalding within a radius of 298m over the last 2 years.
The most recent example is 88, Knight Street, Spalding, PE11 3RB, a Freehold house which sold for £720,000 in Jan 2023.
Read more about house prices in PE11.
Bear Lane, Pinchbeck, Spalding, PE11 has a total of 12 addresses. According to our analysis of all the public data, Paddock House, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in PE11.
Paddock House, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Paddock House, Spalding is Spalding station which is 3.2 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 Paddock House, Spalding, 49.6% of property is privately owned outright and 25.2% 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 Paddock House, Spalding, 17.9% of residents are recorded as possessing school level qualifications and 22.8% 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 Paddock House, Spalding, the average age was 43.3 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 Paddock House, Spalding, 2.5% 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 Paddock House, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.