Sold Detached

15 FERN DRIVE

SPALDING, LINCOLNSHIRE PE11 1GG

4 beds 3 baths 1,733 sq ft Listed 21 Jul 2025 (-316d)

£430,000

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Reduced on 31 Jul 2025

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Front View Front Entrance Hall Lounge Lounge Lounge Snug / Sitting Room Downstairs Bathroom Office / Study Conservatory Kitchen/Diner Kitchen Kitchen/Diner Utility Room Galleried Landing Galleried Landing Landing Front View Master Bedroom Master Bedroom Master Bedroom En-suite One Bedroom Two Bedroom Two Jack & Jill En-suite Bedroom Three Bedroom Four Family Bathroom Rear View Garden Garden Garden Double Garage Photo 34

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Property details

Tenure

FREEHOLD

Floor area

161 m²

Council tax band

E

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£345,000 Sep 2020

Price per m²

£2,671/m²

Local average

£318,370 (+35.1%)

Deprivation

Decile 8 (23,779 of 33,755)

Street crime

163 incidents within 1 mile (Mar 2026)

Key features

  • Detached Four Bedroomed Home
  • Sought After Location In Spalding
  • Conservatory, Utility And Office On Ground Floor
  • Double Garage And Driveway
  • Impressive Front And Rear Gardens
  • Two Reception Rooms
  • Stylish Main Bathroom, Two En Suite Shower Rooms
  • Town Centre And Schools Nearby
  • South Facing Garden
  • New Boiler Installed Dec 24

Additional details

Heating
Gas central
Parking
Garage, Driveway
Garden
Private garden

Description

The Property
Located in a quiet residential area on the western side of Spalding—a well-established market town in the South Holland district of Lincolnshire—this impressive detached home offers generous living space both inside and out and benefiting from a South facing garden.

The property features four well-proportioned bedrooms, including a Master Double Room with a private En-Suite, and two additional bedrooms that share an adjoining En-Suite Shower Room. A stylish family bathroom completes the first-floor layout.

On the ground floor, you'll find two welcoming reception rooms, a charming cottage-style fitted kitchen with integrated oven and hob, A Newly fitted boiler (Dec 24), a utility room, and an open-plan dining area that flows seamlessly into a bright conservatory—perfect for modern family living.

The home is surrounded by well-maintained front and rear gardens, including a patio area ideal for outdoor entertaining.
Additional features include a spacious driveway, double garage, and a light-filled hallway and landing, all presented with evident care and attention to detail.

The property is in a suburban setting a short distance from the town centre amenities. Within 1–2 miles you’ll find Sainsbury’s, Spalding town centre has a range of shops, high street brands, banks, cafés, and weekly markets.

Several schools nearby, including Wygate Park Academy, Spalding Academy, and Spalding High School.

Johnson Community Hospital, GP surgeries and dental practices are within easy reach

Roads: Good access to the A16 (Peterborough–Boston route) and A1175.
Rail: Spalding train station is approximately 1.5 miles away, offering services to Peterborough and Lincoln.
Buses: Local bus services connect the area to surrounding villages and town centre.


TO BOOK A VIEWING WITH PURPLEBRICKS can use the brochure link in the full property description.

Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Listed by

covering Peterborough

Purplebricks

Reference: 164776964

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 03/07/2025

Current heating cost: £1,191/year

Potential heating cost: £1,191/year

Est. upgrade cost to C: £9,000

Recommendations

  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

epc

epc

Price history

132% since 2000

Event Date Price % change
Sold 18/09/2020 (5 years ago) £345,000 +15%
Sold 20/05/2016 (10 years ago) £300,000 +101.4%
Sold 20/11/2000 (25 years ago) £148,950

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
16 BAXTER GARDENS, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3YL £262,000 18/12/2025 Detached
10 ST HELENA DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1UF £299,950 18/12/2025 Detached
Same street 11 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG £435,000 27/11/2025 Detached
187 WOOLRAM WYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PA £325,000 26/11/2025 Detached
13 DANIELS REACH, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3HG £235,000 08/05/2025 Detached
4 ROSE LEIGH WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GW £402,500 24/11/2023 Detached
18 LILBURN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3NY £255,000 27/10/2023 Detached
32 LILBURN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3NY £296,000 17/10/2023 Detached
4 FLEUR DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GL £385,000 25/08/2023 Detached
145 WOOLRAM WYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PA £180,000 16/06/2023 Detached
3 DANIELS REACH, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3HG £270,000 16/05/2023 Detached
22 MILES BANK, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3EZ £590,000 21/12/2022 Detached
29 SHERWOOD DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QW £270,000 17/10/2022 Detached
12 SHERWOOD DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QP £300,000 14/10/2022 Detached
Same street 11 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG £378,000 30/09/2022 Detached
166 WOOLRAM WYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PA £325,000 22/09/2022 Detached
206 SPALDING ROAD, PINCHBECK, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PB £365,000 22/08/2022 Detached
13 ST HELENA DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1UF £317,500 01/08/2022 Detached
16 FAIRVIEW WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PL £250,000 22/07/2022 Detached
5 BAXTER GARDENS, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3YL £249,995 11/07/2022 Detached
146 PINCHBECK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QN £368,000 01/07/2022 Detached
21 BAXTER GARDENS, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3YL £310,000 01/06/2022 Detached
Same street 8 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG £360,000 24/06/2021 Detached

Street average: £391,000 (3 sales)

Area average: £312,797 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 29.4%
10y growth 48.9%

House Price Index (HM Land Registry — official index, not sold-price averages): South Holland. Series: Detached. As of February 2026.

1y (index) -4.2%
5y (index) 9.8%
10y (index) 34.2%

Rental Range

Estimated market rent for South Holland. Low = conservative, Realistic = average, Optimistic = best case.

Low £684/mo
Realistic £760/mo
Optimistic £836/mo

Based on Local Authority from postcode lookup → South Holland.

LHA (30th percentile) floor for Lincolnshire Fens: £863/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Hospital Johnson Community Hospital 0.2 miles
Bus stop Unknown 0.3 miles
Bus stop Clumber Drive 0.3 miles
Shop co-operative 0.4 miles
Shop Strands of Spalding 0.5 miles
Train station Spalding 0.8 miles
University Boston College Spalding 0.9 miles
Train station Unknown 1.3 miles
University University of Lincoln - Holbeach Campus 6.9 miles

Street-level crime

Category Count
Violence and sexual offences 63
Anti-social behaviour 50
Shoplifting 17
Criminal damage and arson 10
Drugs 5
Burglary 4
Public order 4
Other theft 3
Other crime 2
Possession of weapons 2
Bicycle theft 1
Robbery 1
Theft from the person 1
Total incidents 163

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Spalding Primary Academy Primary 0.5 miles Good — 19 Mar 2024
St Norbert's Catholic Voluntary Academy Primary 0.8 miles Outstanding — 10 Sep 2015
Wygate Park Academy Primary 0.8 miles Good — 21 Jul 2017
St Paul's Community Primary and Nursery School, Spalding Primary 1.0 miles Good — 8 Sep 2024
The Pinchbeck East Church of England Primary Academy Primary 1.1 miles Good — 24 Apr 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
4 Bed Bungalow, Woolram Wygate, PE11 £1,500/mo 4 0.21 miles OpenRent
4 Bed Semi-Detached House, Tyne Close, PE11 £1,400/mo 4 0.91 miles OpenRent

Average rent: £1,450/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.34%
Max investor price (0.8%) £181,250
Target investor price (1%) £145,000
Gross yield 4%
Cost-to-rent ratio 24.7×
Monthly cashflow £-413/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).