School Lane, Raithby, Spilsby
WI

School Lane, Raithby, Spilsby

By Willsons

£ 395,000

Reviews

3 out of 5 stars

Willsons says ..

This is a rare and exciting opportunity to purchase a development plot with full planning permission granted for a superior 4 bedroom individual designed dwelling to be set in 8 acres (approx.). The plot is in the quiet picturesque village of Raithby, boasting extensive views set on the edge of ...

Property Oracle says ..

This listing presents a unique opportunity to acquire a substantial plot of land in the picturesque village of Raithby, Lincolnshire. The property comprises approximately 8 acres and benefits from already granted planning permission for a superior, individually-designed four-bedroom dwelling. The location itself is desirable, characterised by its tranquil countryside surroundings and proximity to the Lincolnshire Wolds Area of Outstanding Natural Beauty. The absence of a property to assess for condition means a new build will be erected. Several highly-rated schools are conveniently located within a few kilometers’ radius, appealing to families. Although lacking immediate access to public transport, Spilsby offers local amenities and serves as a connecting point to larger transport networks. While the average property prices in the vicinity provide some context, the unique nature of this development plot – offering a large acreage and full planning permission – makes direct price comparison challenging. It is worth noting that the cost of constructing the new dwelling will add significantly to the overall investment, thus thorough budgeting and cost analysis for the construction stage will be important for potential buyers.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
7
Land
9
Bedrooms
0
Bathrooms
0

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 %
from 296,398.00 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
2,913.00 %
Unchanged by 0.00 %
from 2,913.00 %

Agent Activity

  • Willsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodlands AcademyAcademy Special ConverterOutstanding3.92 KM
The Eresby School, SpilsbyAcademy Special ConverterOutstanding4.08 KM
King Edward Vi AcademyAcademy Sponsor LedGood4.36 KM
Spilsby, Horncastle And Tattershall Children'S CentreChildren's Centre4.53 KM
Spilsby Primary SchoolAcademy ConverterGood4.66 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Goose Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
School Lane, Raithby, Spilsby £ 395,000BUY6 / 100.00 KM
Laundry Lane, Raithby £ 215,000BUY7 / 100.10 KM
The Stables, Raithby, Spilsby £ 150,000BUY7 / 100.17 KM
Raithby, Spilsby £ 325,000BUY6 / 100.33 KM
Whisperwood, Hagworthingham Road, Raithby, Spilsby £ 350,000BUY7 / 100.42 KM

Nearby Properties

AddressPriceDistance
Raithby Grange £ 575,0000.65 KM
6 Raithby Road £ 272,5001.68 KM
20 Raithby Road £ 216,0001.68 KM
12 Raithby Road £ 162,5001.68 KM
2 Raithby Road £ 310,0001.68 KM