114, MAIN ROAD, HUNDLEBY, SPILSBY, PE23 5LZ - £250,000

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.

114 MAIN ROAD is a small extended detached house of 91m², built sometime before 1900, which could now be worth an estimated £256,775. It was last sold for £250,000 in November 2023, which was around 10% below the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

114 MAIN ROAD Sold Prices

Land registry data shows two sales for 114 MAIN ROAD 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 114 MAIN ROAD 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
2023 23 NOV	£250,000	£278,699	10% below HPI
2014 23 JUL	£148,000	£177,094	16% below HPI

114 MAIN 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 two 114 MAIN ROAD sales from July 2014 and November 2023 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 July 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 114 MAIN ROAD be worth now?

114 MAIN ROAD might now be worth an estimated £256,775.

This is based on house price inflation of 2.7%, between November 2023 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 2.7% inflationary increase is applied to the most recent sale price for 114 MAIN ROAD of £250,000 on 23rd November 2023. For the value to have increased from £250,000 to £256,775 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 114 MAIN ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 114 MAIN ROAD has not materially changed since November 2023.

How Large is 114 MAIN ROAD?

114 MAIN ROAD is 91m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 114 MAIN ROAD lies on this distribution: 38% of detached houses houses are smaller than 114 MAIN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

114 MAIN ROAD: Plot and Title Map

114 MAIN ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 114 MAIN 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 114 MAIN 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 114 MAIN ROAD?

114 MAIN ROAD is located in HUNDLEBY, in the PE23 postcode district. The below map shows the position of No. 114 on MAIN ROAD.