2 Spence Street, Spilsby, PE23 5EA is a leasehold flat built in 2007 onwards. The property offers approximately 667 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £117,152 , which equates to approximately £176 per square foot. It was last sold on 28 Feb 2017 for £94,700. Since then, the value has increased by £22,452, representing a 23.7% increase, or approximately 2.7% per year.

The current estimated value of £117,152 is:

  • 33.9% lower than the average property price on Spence Street
  • 33.6% lower than the average in the PE23 5EA postcode area
  • and 41.8% lower than the average price for Spilsby as a whole

At the most recent EPC inspection on 24 February 2016, the property was recorded as owner-occupied.

View sold house prices in PE23 5EA

Building approximate location

About Property

Type
Terraced House
Built
2007 onwards
Interior Size
667 sq ft
Tenure
Leasehold
Price (estimate)
£117,152
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Spence Street, Spilsby, East Lindsey, Lincolnshire, PE23 5EA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Feb 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PE23 5EA

12 th / 14
Price Rank
34% lower than average
3 rd / 13
Size Rank
12% smaller than average
10 th / 13
Price Per Sq FT Rank
24% lower than average

Compared to other properties in PE23 5EA , this house's estimated value ranks 12th out of 14. Based on price per square foot, it ranks 10th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 13 properties in its postcode area.

Sale History

Today
£117,152
streetscan.co.uk estimate
+24 %
28 Feb 2017
£94,700
Leasehold
+69.1 %
19 Dec 2007
£56,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 603 sq ft
sale price: £75,000
sale date: 10 Mar 2023
rooms: 11
size: 3229 sq ft
sale price: £380,000
sale date: 25 May 2016
rooms: 5
size: 904 sq ft
sale price: £104,500
sale date: 22 Jul 2016
rooms: 3
size: 624 sq ft
sale price: £96,000
sale date: 24 Oct 2013
rooms: 4
size: 646 sq ft
sale price: £118,500
sale date: 24 Aug 2007

Data Sources

The property at 2 Spence Street, Spilsby, PE23 5EA appears two times in the Land Registry records, with the latest transaction recorded on 28 Feb 2017. It also has a single Energy Performance Certificate (EPC) from 24 Feb 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.