13A, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4EJ - £139,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

13A SPILSBY ROAD is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £139,000 in April 2024, which was around 50% below the average April 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

13A SPILSBY ROAD Sold Prices

Land registry data shows five sales for 13A SPILSBY ROAD 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 13A SPILSBY 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
2024 12 APR	£139,000	£275,993	50% below HPI
2015 18 DEC	£121,520	£189,181	36% below HPI
2014 12 SEP	£116,000	£177,757	35% below HPI
2009 9 SEP	£55,000	£165,486	67% below HPI
1998 20 MAR	£36,000	£61,233	41% below HPI

13A SPILSBY 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 five 13A SPILSBY ROAD sales between March 1998 and April 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 December 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2024 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 13A SPILSBY ROAD?

13A SPILSBY ROAD is 64m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where 13A SPILSBY ROAD lies on this distribution: 17% of detached houses are smaller than 13A SPILSBY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

13A SPILSBY ROAD: Plot and Title Map

13A SPILSBY ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 13A SPILSBY 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 13A SPILSBY 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 13A SPILSBY ROAD?

13A SPILSBY ROAD is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 13A on SPILSBY ROAD.