11, WOODLAND VIEW, SPILSBY, PE23 5GD - £187,500

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.

11 WOODLAND VIEW is a very small detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £245,204. It was last sold for £187,500 in January 2020, which was around 14% below the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

11 WOODLAND VIEW Sold Prices

Land registry data shows two sales for 11 WOODLAND VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 11 WOODLAND VIEW sales were for below 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
2020 16 JAN	£187,500	£218,888	14% below HPI
2006 30 AUG	£151,952	£179,551	15% below HPI

11 WOODLAND VIEW 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 two 11 WOODLAND VIEW sales from August 2006 and January 2020 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 August 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 WOODLAND VIEW be worth now?

11 WOODLAND VIEW might now be worth an estimated £245,204.

This is based on house price inflation of 30.8%, between January 2020 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 30.8% inflationary increase is applied to the most recent sale price for 11 WOODLAND VIEW of £187,500 on 16th January 2020. For the value to have increased from £187,500 to £245,204 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 11 WOODLAND VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 11 WOODLAND VIEW has not materially changed since January 2020.

How Large is 11 WOODLAND VIEW?

11 WOODLAND VIEW is 72m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 11 WOODLAND VIEW lies on this distribution: 17% of detached houses houses are smaller than 11 WOODLAND VIEW, and 82% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

11 WOODLAND VIEW: Plot and Title Map

11 WOODLAND VIEW sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 11 WOODLAND VIEW, 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 11 WOODLAND VIEW). 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 11 WOODLAND VIEW?

11 WOODLAND VIEW is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 11 on WOODLAND VIEW.