40 Albion Street, Spalding, PE11 2AJ is a freehold terraced property built between 1900-1929. The property offers approximately 484 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £91,896 , which equates to approximately £190 per square foot. It was last sold on 10 Mar 1999 for £19,000. Since then, the value has increased by £72,896, representing a 383.7% increase, or approximately 14.3% per year.

The current estimated value of £91,896 is:

  • 51.1% lower than the average property price on Albion Street
  • 36.8% lower than the average in the PE11 2AJ postcode area
  • and 62.1% lower than the average price for Spalding as a whole

At the most recent EPC inspection on 18 August 2021, the property was recorded as owner-occupied.

View sold house prices in PE11 2AJ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
484 sq ft
Tenure
Freehold
Price (estimate)
£91,896
Price Per sq ft (estimate)
£190
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Albion Street, Spalding, South Holland, Lincolnshire, PE11 2AJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Aug 2021.

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.

The previous EPC assessment was conducted on 16 May 2011, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 80%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was changed from low energy lighting in 43% of fixed outlets to low energy lighting in 40% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to PE11 2AJ

29 th / 31
Price Rank
37% lower than average
25 th / 27
Size Rank
29% smaller than average
22 nd / 27
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PE11 2AJ , this house's estimated value ranks 29th out of 31. Based on price per square foot, it ranks 22th out of 27 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 25th out of 27 properties in its postcode area.

Sale History

Today
£91,896
streetscan.co.uk estimate
+384 %
10 Mar 1999
£19,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £120,000
sale date: 8 Aug 2022
rooms: 2
size: 484 sq ft
sale price: £55,000
sale date: 19 Aug 2011
rooms: 2
size: 488 sq ft
sale price: £69,000
sale date: 5 Feb 2010
rooms: 3
size: 441 sq ft
sale price: £99,000
sale date: 29 Jun 2007
rooms: 3
size: 538 sq ft
sale price: £95,500
sale date: 13 Mar 2006

Data Sources

The property at 40 Albion Street, Spalding, South Holland, Lincolnshire, PE11 2AJ appears once in the Land Registry records, with the transaction recorded on 10 Mar 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Aug 2021. 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.


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