8 Banks Drove, Deeping St Nicholas, Spalding, PE11 3BJ is a freehold terraced property built between 1930-1949. The property offers approximately 1,064 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £215,360 , which equates to approximately £202 per square foot. It was last sold on 15 Mar 2013 for £123,000. Since then, the value has increased by £92,360, representing a 75.1% increase, or approximately 5.9% per year.

The current estimated value of £215,360 is:

  • 12.8% lower than the average property price on Banks Drove
  • 30.1% lower than the average in the PE11 3BJ postcode area
  • and 11.1% lower than the average price for Spalding as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 January 2011, the property was recorded as owner-occupied.

View sold house prices in PE11 3BJ

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
1064 sq ft
Tenure
Freehold
Price (estimate)
£215,360
Price Per sq ft (estimate)
£202
Bedroom Count (estimate)
3 bedrooms

EPC Summary

8 Banks Drove, Deeping St Nicholas, Spalding, South Holland, Lincolnshire, PE11 3BJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 Jan 2011.

This property uses an oil-fired boiler with radiators 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 6 Mar 2009. The rating of E remains the same, but the energy efficiency score improved by 13.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, 200 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was changed from low energy lighting in 27% of fixed outlets to low energy lighting in 30% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 30% of fixed outlets
Average

Compared to PE11 3BJ

5 th / 10
Price Rank
30% lower than average
4 th / 9
Size Rank
21% smaller than average
6 th / 9
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PE11 3BJ , this house's estimated value ranks 5th out of 10. Based on price per square foot, it ranks 6th out of 9 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 4th out of 9 properties in its postcode area.

Sale History

Today
£215,360
streetscan.co.uk estimate
+75 %
15 Mar 2013
£123,000
Leasehold
-5 %
17 Aug 2011
£129,500
Leasehold
+3.6 %
18 Feb 2010
£125,000
Leasehold
-18.3 %
28 Sep 2007
£152,995
Leasehold
+240 %
19 May 2000
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Banks Drove, Deeping St Nicholas, Spalding, PE11 3BJ
rooms: 5
size: 1012 sq ft
sale price: £30,101
sale date: 6 Jun 1998

Data Sources

The property at 8 Banks Drove, Deeping St Nicholas, Spalding, PE11 3BJ appears five times in the Land Registry records, with the latest transaction recorded on 15 Mar 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2011. 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.
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