Westerly Back Bank

    WESTERLY, BACK BANK, WHAPLODE DROVE, SPALDING, PE12 0TT

    This detached freehold property on Back Bank last sold in February 2025 for £325,000. Based on price growth in the PE12 district since then, its estimated current value is £325,000 — placing it in the 54th percentile nationally and the 77th percentile within PE12. The property covers 98 m² (1,055 sq ft), giving an estimated value of £3,316 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £325,000

    Feb 2025

    Estimated Valuation

    £325,000

    Est. £/sq ft

    £308/sq ft

    £3,316/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fueloil (not community)
    EPC currentD
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateOct 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    3 Feb 2025

    £325,000

    Key Metrics

    Estimated valuation£325,000
    Value per sq ft / m²£308/sq ft (£3,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE12 district percentile77th percentile
    National percentile54th percentile

    District Context — PE12

    PE12 covers the low-lying coastal and fenland areas of south Lincolnshire, including settlements around the Wash and inland towards the Peterborough fringe. It is a rural and semi-rural district with a quieter character, popular with families and retirees seeking space and affordability away from urban centres.

    Average Property Price - PE12

    £258,541

    30

    National percentile

    Average Net Household Income - PE12

    £32,112

    15

    National percentile

    10-Year Annualised Price Growth - PE12

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE12

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