Sold Semi-detached

254 PARK ROAD

SPALDING, SPALDING, LINCOLNSHIRE PE11 1QT

3 beds 90 m² Listed 6 Jun 2007 (-6984d)

£139,950

Save

# 3 bedroom semi-detached house for sale (PE11 1QT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 254 PARK ROAD, SPALDING, SPALDING, LINCOLNSHIRE PE11 1QT |
| Price | £139,950 |
| Bedrooms | 3 |
| Last sold | £123,000 Oct 2004 |

## Description

This established semi-detached house is situated within close proximity of Spalding town centre. The accommodation comprises of Lounge, Dining Room, Kitchen, Bathroom and Three Bedrooms. The property further benefits from gas central heating and UPVC double glazing. There is a lawned garden with shrubs and borders. There is a single garage and the property is sold with NO ONWARD CHAIN.

## Property Photos

- ![Photo](/listings/photos/15684281/908876)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 254 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £123,000 | 12/10/2004 | 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 |
|---------|-------|------|------|
| 58 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH | £168,000 | 19/11/2025 | Semi-detached |
| 63 ST ANNES WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PN | £162,000 | 15/08/2025 | Semi-detached |
| [Same street] 268 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £246,000 | 09/02/2024 | Detached |
| [Same street] 286 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £281,000 | 25/05/2023 | Semi-detached |
| 122 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ | £166,000 | 31/03/2023 | Semi-detached |
| [Same street] 288 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £270,000 | 24/02/2023 | Terraced |
| 138 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ | £187,500 | 28/10/2022 | Semi-detached |
| 65 ST ANNES WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PN | £180,000 | 06/10/2022 | Semi-detached |
| [Same street] 294 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £200,000 | 13/09/2022 | Detached |
| 70 PINCHBECK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QF | £492,500 | 08/07/2022 | Semi-detached |
| [Same street] 274 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £291,000 | 08/06/2022 | Detached |
| 116 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ | £187,000 | 14/04/2022 | Semi-detached |
| [Same street] 250 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £145,000 | 01/04/2022 | Semi-detached |
| 81 PINCHBECK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QF | £290,000 | 04/03/2022 | Semi-detached |
| 206 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ | £204,000 | 08/10/2021 | Semi-detached |
| 101 WOOLRAM WYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PA | £450,000 | 29/09/2021 | Semi-detached |
| 26 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH | £167,000 | 28/09/2021 | Semi-detached |
| 144 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ | £123,000 | 03/09/2021 | Semi-detached |
| 43 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH | £296,500 | 29/08/2021 | Semi-detached |
| [Same street] 304 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT | £173,000 | 23/07/2021 | Detached |

**Street average:** £229,429 (7 sales)
**Area average:** £236,423 (13 sales)

## Price vs local average

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

- **Local average:** £181,492 (53 Semi-detached, PE11, 2024–2026)
- **Deviation:** -22.9%

## Rental Range

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

- **Low:** £686/mo
- **Realistic:** £762/mo
- **Optimistic:** £838/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincolnshire Fens (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £733/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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Church Street, PE11 | £950/mo | 3 | 0.66 miles | OpenRent |

**Average rent: £950/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*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 £950/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.3×
- **Monthly cashflow:** £279/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.2%

*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:** -2.7%
- **10y growth:** 27%

## House Price Index (HM Land Registry)

*Official index for South Holland; Semi-detached series; as of April 2026.*

- **1y growth (index):** 4.5%
- **5y growth (index):** 13.5%
- **10y growth (index):** 37%

## 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)

Photo 1

/ 1

Property details

Floor area

90 m²

Last sold

£123,000 Oct 2004

Local average

£181,492 (-22.9%)

Deprivation

Decile 6 (19,910 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

Semi-detached House
Three Bedrooms
Lounge & Dining Room
Kitchen
Bathroom
Gas C/h & Upvc D/g
Garage
No Chain

Description

Listed by

Spalding

Pygott & Crone

Reference: 15684281

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	12/10/2004 (21 years ago)	£123,000	—

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
58 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH	£168,000	19/11/2025	Semi-detached
63 ST ANNES WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PN	£162,000	15/08/2025	Semi-detached
Same street 268 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£246,000	09/02/2024	Detached
Same street 286 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£281,000	25/05/2023	Semi-detached
122 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ	£166,000	31/03/2023	Semi-detached
Same street 288 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£270,000	24/02/2023	Terraced
138 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ	£187,500	28/10/2022	Semi-detached
65 ST ANNES WAY, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PN	£180,000	06/10/2022	Semi-detached
Same street 294 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£200,000	13/09/2022	Detached
70 PINCHBECK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QF	£492,500	08/07/2022	Semi-detached
Same street 274 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£291,000	08/06/2022	Detached
116 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ	£187,000	14/04/2022	Semi-detached
Same street 250 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£145,000	01/04/2022	Semi-detached
81 PINCHBECK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QF	£290,000	04/03/2022	Semi-detached
206 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ	£204,000	08/10/2021	Semi-detached
101 WOOLRAM WYGATE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 3PA	£450,000	29/09/2021	Semi-detached
26 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH	£167,000	28/09/2021	Semi-detached
144 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QZ	£123,000	03/09/2021	Semi-detached
43 WEST ELLOE AVENUE, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 2BH	£296,500	29/08/2021	Semi-detached
Same street 304 PARK ROAD, SPALDING, SOUTH HOLLAND, LINCOLNSHIRE, PE11 1QT	£173,000	23/07/2021	Detached

Street average: £229,429 (7 sales)

Area average: £236,423 (13 sales)

Capital growth trend

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

5y growth -2.7%

10y growth 27%

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

1y (index) 4.5%

5y (index) 13.5%

10y (index) 37%

Rental Range

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

Low £686/mo

Realistic £762/mo

Optimistic £838/mo

Based on Local Authority from postcode lookup → South Holland.

LHA (30th percentile) floor for Lincolnshire Fens: £733/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE11 1QT

Nearby

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

Type	Name	Distance
Bus stop	41 Parkside Crescent	0.0 miles
Bus stop	Speyer Avenue	0.1 miles
Shop	Taylors of Spalding (Vauxhall)	0.2 miles
Shop	Unknown	0.3 miles
Train station	Spalding	0.4 miles
University	Boston College Spalding	0.5 miles
Hospital	Johnson Community Hospital	0.5 miles
Train station	Unknown	1.3 miles
University	University of Lincoln - Holbeach Campus	6.9 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during May 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	0.4 miles	Good — 19 Mar 2024
St Norbert's Catholic Voluntary Academy	Primary	0.5 miles	Outstanding — 10 Sep 2015
Wygate Park Academy	Primary	0.6 miles	Good — 21 Jul 2017
Spalding Grammar School	Secondary	0.8 miles	Good — 21 Mar 2024
Ayscoughfee Hall School	Other	0.9 miles	— (No rating)

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
3 Bed Semi-Detached House, Church Street, PE11	£950/mo	3	0.66 miles	OpenRent

Average rent: £950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.68%

Max investor price (0.8%) £118,750

Target investor price (1%) £95,000

Gross yield 8.1%

Cost-to-rent ratio 12.3×

Monthly cashflow £279/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 8.2%

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).