15, WOODLAND VIEW, SPILSBY, PE23 5GD - £273,000

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.

15 WOODLAND VIEW is a large detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £346,006. It was last sold for £273,000 in September 2020, which was around 21% above the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

15 WOODLAND VIEW Sold Prices

Land registry data shows two sales for 15 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 15 WOODLAND VIEW 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
2020 1 SEP	£273,000	£225,854	21% above HPI
2006 31 AUG	£214,950	£179,551	20% above HPI

15 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 15 WOODLAND VIEW sales from August 2006 and September 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 15 WOODLAND VIEW be worth now?

15 WOODLAND VIEW might now be worth an estimated £346,006.

This is based on house price inflation of 26.7%, between September 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 26.7% inflationary increase is applied to the most recent sale price for 15 WOODLAND VIEW of £273,000 on 1st September 2020. For the value to have increased from £273,000 to £346,006 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 WOODLAND VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2020 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WOODLAND VIEW has not materially changed since September 2020.

How Large is 15 WOODLAND VIEW?

15 WOODLAND VIEW is 125m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% 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 15 WOODLAND VIEW lies on this distribution: 74% of detached houses houses are smaller than 15 WOODLAND VIEW, and 26% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

15 WOODLAND VIEW: Plot and Title Map

15 WOODLAND VIEW sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 15 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 15 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 15 WOODLAND VIEW?

15 WOODLAND VIEW is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 15 on WOODLAND VIEW.