Mill Lane, Welton-Le-Marsh, Spilsby
By Hunters
£ 950,000
Reviews
4 out of 5 stars
Hunters says ..
A beautiful, Grade II farmhouse circa 1750. The 4000sq ft of accommodation comprises of 5 bedrooms and a newly converted 2 bedroom coach house annex. This property sits within a picturesque 3 acre plot that includes paddock, wrap around gardens, substantial parking and an extensive rang...
Property Oracle says ..
Location: The property is situated in Welton-Le-Marsh, a village in Lincolnshire. While the immediate vicinity may offer a peaceful rural setting, the proximity to nearby towns like Spilsby and Alford provides access to essential amenities. The distance to schools varies, with some requiring a short drive. The availability of public transportation is limited, based on the provided data, with the nearest train station being a significant distance away. Overall, the location could be considered convenient for those seeking a balance between rural tranquility and access to services, but it is not ideal for those reliant on public transport.
Condition: The property appears to be in good condition based on the provided images. The interior is well-maintained and updated, with modern fixtures and finishes throughout. There is no visible evidence of significant repairs or renovations needed. The property has a traditional character, but has been updated to include modern amenities.
Land: The property includes extensive grounds, as evidenced by the aerial photographs. There is ample space for gardens, outbuildings, and potentially other uses. The size of the plot is substantial, suggesting a generous amount of land relative to the average property in the area.
Price: The list price of £950,000 is considerably higher than the average house price in the area (£304,324). However, this property is significantly larger than average (4,568.55 sqft vs 1,076 sqft). The average price per square foot in the area is £282.00. Considering the property’s size, condition, and the inclusion of substantial land and outbuildings, the list price may be justifiable, although it represents a premium compared to other properties in the area. Further analysis of comparable properties with similar features would be necessary to confirm whether the price is reasonable.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 6
- Land
- 10
- Bedrooms
- 7
- Bathrooms
- 3
- Sqft (est)
- 4,568.55
- Lot (est)
- 2,996.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 282,222.00 £Decreased by 4.78 %
- Est sale value
- 1,251,782.70 £Increased by 0.74 %
- Average area rental value
- 1,223.00 £/moIncreased by 4.80 %
- Est letting value
- 4,568.55 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.20 %Increased by 10.17 %
- Crime Rate
- 57.00 %Unchanged by 0.00 %
Agent Activity
Hunters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Helena'S Church Of England Primary School, Willoughby | Voluntary Controlled School | Requires improvement | 3.28 KM |
| The St Peter And St Paul C Of E Primary School | Voluntary Controlled School | Requires improvement | 6.22 KM |
| Great Steeping Primary School | Community School | Good | 6.50 KM |
| Alford Primary School | Community School | Good | 7.00 KM |
| Alford Children'S Centre | Children's Centre Linked Site | 7.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Baker's Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Thorpe Culvert | 6267 | TPC | 8.11 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Lane, Welton-Le-Marsh, Spilsby | £ 950,000 | BUY | 8 / 10 | 0.00 KM |
| Mill Lane, Welton-Le-Marsh, PE23 | £ 825,000 | BUY | Unknown | 0.22 KM |
| Beck Lane, Welton-Le-Marsh, Spilsby | £ 500,000 | BUY | 7 / 10 | 0.24 KM |
| Beck Lane, Welton-Le-Marsh, Spilsby | £ 350,000 | BUY | 6 / 10 | 0.30 KM |
| Welton-Le-Marsh, Spilsby | £ 240,000 | BUY | Unknown | 0.63 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Baytree House | £ 225,000 | 0.20 KM |
| The Bungalow | £ 166,000 | 0.22 KM |
| Thyme Cottage | £ 295,000 | 0.27 KM |
| Sunny Dale | £ 150,000 | 0.27 KM |
| Half Acre | £ 220,000 | 0.27 KM |