# 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:** -2.9%
- **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)