1, BOWMANS RIDGE, HUNDLEBY, SPILSBY, PE23 5NR - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BOWMANS RIDGE is a very large detached house of 179m², built sometime between 2003 and 2006, which could now be worth an estimated £421,090. It was last sold for £400,000 in March 2024, which was around 47% above the average March 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

1 BOWMANS RIDGE Sold Prices

Land registry data shows five sales for 1 BOWMANS RIDGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 1 BOWMANS RIDGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 26 MAR	£400,000	£271,915	47% above HPI
2021 2 FEB	£405,000	£236,230	71% above HPI
2015 18 SEP	£277,500	£189,973	46% above HPI
2008 28 NOV	£295,000	£172,480	71% above HPI
2001 5 NOV	£180,000	£90,811	98% above HPI

1 BOWMANS RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 1 BOWMANS RIDGE sales between November 2001 and March 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2021 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2024 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 1 BOWMANS RIDGE be worth now?

1 BOWMANS RIDGE might now be worth an estimated £421,090.

This is based on house price inflation of 5.3%, between March 2024 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 1 BOWMANS RIDGE of £400,000 on 26th March 2024. For the value to have increased from £400,000 to £421,090 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 1 BOWMANS RIDGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BOWMANS RIDGE has not materially changed since March 2024.

How Large is 1 BOWMANS RIDGE?

1 BOWMANS RIDGE is 179m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spilsby, and where 1 BOWMANS RIDGE lies on this distribution: 93% of detached houses houses are smaller than 1 BOWMANS RIDGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

1 BOWMANS RIDGE: Plot and Title Map

1 BOWMANS RIDGE sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of 1 BOWMANS RIDGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BOWMANS RIDGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BOWMANS RIDGE?

1 BOWMANS RIDGE is located in HUNDLEBY, in the PE23 postcode district. The below map shows the position of No. 1 on BOWMANS RIDGE.