1, HALIFAX ROAD, SPILSBY, PE23 5GE - £222,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HALIFAX ROAD is a large detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £276,567. It was last sold for £222,500 in March 2019, which was around 3% below the average March 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 HALIFAX ROAD Sold Prices

Land registry data shows three sales for 1 HALIFAX ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 1 HALIFAX ROAD sales were for below the average price, whilst one was 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
2019 20 MAR	£222,500	£230,292	3% below HPI
2015 26 JAN	£181,000	£176,692	2% above HPI
2010 12 NOV	£163,000	£167,973	3% below HPI

1 HALIFAX ROAD 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 three 1 HALIFAX ROAD sales between November 2010 and March 2019 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 January 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 HALIFAX ROAD be worth now?

1 HALIFAX ROAD might now be worth an estimated £276,567.

This is based on house price inflation of 24.3%, between March 2019 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 24.3% inflationary increase is applied to the most recent sale price for 1 HALIFAX ROAD of £222,500 on 20th March 2019. For the value to have increased from £222,500 to £276,567 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 HALIFAX ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2019 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 1 HALIFAX ROAD has not materially changed since March 2019.

How Large is 1 HALIFAX ROAD?

1 HALIFAX ROAD is 110m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% 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 HALIFAX ROAD lies on this distribution: 64% of detached houses houses are smaller than 1 HALIFAX ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

1 HALIFAX ROAD: Plot and Title Map

1 HALIFAX ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 1 HALIFAX ROAD, 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 HALIFAX ROAD). 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 HALIFAX ROAD?

1 HALIFAX ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 1 on HALIFAX ROAD.