# 3 bedroom bungalow for sale (PE23 5DW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 71 ASHBY ROAD, SPILSBY, LINCOLNSHIRE PE23 5DW |
| Price | £199,950 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £190,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 20/08/2035
- **Current heating cost:** £1,354/year
- **Est. upgrade cost to C:** £19,535

### Recommendations
- W1 (£5,000 - £10,000)
- C (£20 - £40)
- F (£130 - £180)
- I (£2,200 - £3,500)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-0993-0322-1524-3853)

## Description

***NO ONWARD CHAIN!***

71 Ashby Road is a spacious three bedroom bungalow, requiring a scheme of updating, set to an attractive position in the market town of Spilsby. 

Enjoying gardens to the front and rear, driveway and car port parking, the property boasts a large Lounge-Diner; kitchen, shower room and three bedrooms.

## Property Photos

- ![Front](/listings/photos/165614711/1216829) - Front
- ![71 Ashby Meadows](/listings/photos/165614711/1216830) - 71 Ashby Meadows
- ![Living Room](/listings/photos/165614711/1216831) - Living Room
- ![Kitchen](/listings/photos/165614711/1216832) - Kitchen
- ![Kitchen](/listings/photos/165614711/1216833) - Kitchen
- ![Bedroom](/listings/photos/165614711/1216834) - Bedroom
- ![Shower Room](/listings/photos/165614711/1216835) - Shower Room
- ![Bedroom](/listings/photos/165614711/1216836) - Bedroom
- ![Bedroom](/listings/photos/165614711/1216837) - Bedroom
- ![Open Field to Rear](/listings/photos/165614711/1216838) - Open Field to Rear
- ![Front Elevation](/listings/photos/165614711/1216839) - Front Elevation
- ![Main Elevation](/listings/photos/165614711/1216840) - Main Elevation
- ![Garden](/listings/photos/165614711/1216841) - Garden
- ![Rear Elevation ](/listings/photos/165614711/1216842) - Rear Elevation 

## Floorplans

- ![Floorplan 1](/listings/photos/165614711/1216843) - Floorplan 1

## EPC Graphs

- ![Energy Performance Certificate](/listings/photos/165614711/1216844) - Energy Performance Certificate

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 71 ASHBY ROAD, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5DW | £190,000 | 06/03/2026 | 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 |
|---------|-------|------|------|
| 17 REYNARD STREET, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5JB | £200,000 | 04/03/2025 | Detached |
| 85 ASHBY ROAD, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5DW | £176,000 | 06/09/2023 | Detached |
| 2 ASHBY MEADOWS, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5DN | £265,000 | 04/10/2022 | Detached |
| 1A WOODLANDS AVENUE, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5EP | £180,000 | 01/09/2022 | Detached |
| 39 ASHBY MEADOWS, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5DN | £217,500 | 28/01/2022 | Detached |
| 32 QUEEN STREET, SPILSBY, EAST LINDSEY, LINCOLNSHIRE, PE23 5JE | £375,000 | 16/09/2021 | Detached |

**Area average:** £235,583 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £309,803 (27 Detached, PE23, 2024–2026)
- **Deviation:** -35.5%

## Rental Range

*ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £625/mo
- **Realistic:** £694/mo
- **Optimistic:** £763/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wolds and Coast (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## 1% Rule

- **Rent ratio:** 0.35% (weak for cashflow)
- **Max investor price (0.8%):** £86,750
- **Target investor price (1%):** £69,400

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,272/m²

## Capital growth trend

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

- **5y growth:** 9.5%
- **10y growth:** 49.2%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Detached series; as of April 2026.*

- **1y growth (index):** 2.7%
- **5y growth (index):** 16.8%
- **10y growth (index):** 43.7%

## 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)