122, MAIN ROAD, HUNDLEBY, SPILSBY, PE23 5LZ - £405,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

122 MAIN ROAD is a very large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £405,000 in June 2021, which was around 70% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was A.

122 MAIN ROAD Sold Prices

Land registry data shows two sales for 122 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 122 MAIN ROAD 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
2021 30 JUN	£405,000	£238,466	70% above HPI
2015 27 AUG	£200,000	£184,958	8% above HPI

122 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 122 MAIN ROAD sales from August 2015 and June 2021 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 122 MAIN ROAD?

122 MAIN ROAD is 156m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 122 MAIN ROAD lies on this distribution: 85% of detached houses are smaller than 122 MAIN ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

122 MAIN ROAD: Plot and Title Map

122 MAIN ROAD sits on a plot of roughly 0.380 of an acre, or 1,537m². The below map shows the location of 122 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 122 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 122 MAIN ROAD?

122 MAIN ROAD is located in HUNDLEBY, in the PE23 postcode district. The below map shows the position of No. 122 on MAIN ROAD.