3 Blacksmiths Lane

    3, BLACKSMITHS LANE, SPILSBY, PE23 5EZ

    This terraced freehold property on Blacksmiths Lane last sold in May 2014 for £125,000. Based on price growth in the PE23 district since then, its estimated current value is £215,979 — placing it in the 29th percentile nationally and the 40th percentile within PE23. The property covers 74 m² (797 sq ft), giving an estimated value of £2,919 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £125,000

    May 2014

    Estimated Valuation

    £215,979

    Est. £/sq ft

    £271/sq ft

    £2,919/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2014

    £125,000

    23 Mar 2006

    New build

    £124,950

    Key Metrics

    Estimated valuation£215,979
    Value per sq ft / m²£271/sq ft (£2,919/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile40th percentile
    National percentile29th percentile

    District Context — PE23

    PE23 covers the area around Hunstanton and surrounding villages on the north Norfolk coast. It is a predominantly rural and coastal district with a long-established character centred on leisure and retirement.

    Average Property Price - PE23

    £276,895

    35

    National percentile

    Average Net Household Income - PE23

    £33,140

    20

    National percentile

    10-Year Annualised Price Growth - PE23

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE23

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