# 4 bedroom detached house for sale (PE11 1GG) ## Property Details | Key | Value | |-----|-------| | Address | 15 FERN DRIVE, SPALDING, LINCOLNSHIRE PE11 1GG | | Price | £430,000 | | Bedrooms | 4 | | Bathrooms | 3 | | Council tax | E | | Last sold | £345,000 Sep 2020 | ## 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. ## Property Photos - ![Front View](/listings/photos/164776964/273173) - Front View - ![Front](/listings/photos/164776964/273181) - Front - ![Entrance Hall](/listings/photos/164776964/273183) - Entrance Hall - ![Lounge](/listings/photos/164776964/273184) - Lounge - ![Lounge](/listings/photos/164776964/273186) - Lounge - ![Lounge](/listings/photos/164776964/273188) - Lounge - ![Snug / Sitting Room](/listings/photos/164776964/273192) - Snug / Sitting Room - ![Downstairs Bathroom](/listings/photos/164776964/273196) - Downstairs Bathroom - ![Office / Study](/listings/photos/164776964/273199) - Office / Study - ![Conservatory](/listings/photos/164776964/273211) - Conservatory - ![Kitchen/Diner](/listings/photos/164776964/273213) - Kitchen/Diner - ![Kitchen](/listings/photos/164776964/273217) - Kitchen - ![Kitchen/Diner](/listings/photos/164776964/273220) - Kitchen/Diner - ![Utility Room](/listings/photos/164776964/273224) - Utility Room - ![Galleried Landing](/listings/photos/164776964/273226) - Galleried Landing - ![Galleried Landing](/listings/photos/164776964/273235) - Galleried Landing - ![Landing](/listings/photos/164776964/273238) - Landing - ![Front View](/listings/photos/164776964/273240) - Front View - ![Master Bedroom](/listings/photos/164776964/273243) - Master Bedroom - ![Master Bedroom](/listings/photos/164776964/273244) - Master Bedroom - ![Master Bedroom](/listings/photos/164776964/273246) - Master Bedroom - ![En-suite One](/listings/photos/164776964/273248) - En-suite One - ![Bedroom Two](/listings/photos/164776964/273250) - Bedroom Two - ![Bedroom Two](/listings/photos/164776964/273252) - Bedroom Two - ![Jack & Jill En-suite](/listings/photos/164776964/273259) - Jack & Jill En-suite - ![Bedroom Three](/listings/photos/164776964/273264) - Bedroom Three - ![Bedroom Four](/listings/photos/164776964/273266) - Bedroom Four - ![Family Bathroom](/listings/photos/164776964/273267) - Family Bathroom - ![Rear View](/listings/photos/164776964/273268) - Rear View - ![Garden](/listings/photos/164776964/273269) - Garden - ![Garden](/listings/photos/164776964/273270) - Garden - ![Garden](/listings/photos/164776964/273274) - Garden - ![Double Garage](/listings/photos/164776964/273276) - Double Garage - ![Photo](/listings/photos/164776964/273277) ## Floorplans - ![Floorplan 1](/listings/photos/164776964/273279) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/164776964/273281) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 15 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG | £345,000 | 18/09/2020 | Detached | | 15 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG | £300,000 | 20/05/2016 | Detached | | 15 FERN DRIVE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1GG | £148,950 | 20/11/2000 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £318,370 (99 Detached, PE11, 2024–2026) - **Deviation:** +35.1% ## Rental Range *ONS Price Index of Private Rents (South Holland). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £684/mo - **Realistic:** £760/mo - **Optimistic:** £836/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Lincolnshire Fens (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £863/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.34% (weak for cashflow) - **Max investor price (0.8%):** £181,250 - **Target investor price (1%):** £145,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,450/mo).* - **Gross yield:** 4% - **Cost-to-rent:** 24.7× - **Monthly cashflow:** £-413/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 29.4% - **10y growth:** 48.9% ## House Price Index (HM Land Registry) *Official index for South Holland; Detached series; as of February 2026.* - **1y growth (index):** -4.2% - **5y growth (index):** 9.8% - **10y growth (index):** 34.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)