18, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4EJ - £105,000

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.

18 SPILSBY ROAD is a very small semi-detached house of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £151,465. It was last sold for £105,000 in May 2017, which was around 21% below the average May 2017 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was B.

18 SPILSBY ROAD Sold Prices

Land registry data shows three sales for 18 SPILSBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 18 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
2017 15 MAY	£105,000	£133,754	21% below HPI
2006 16 NOV	£105,000	£120,364	13% below HPI
1995 3 OCT	£34,000	£35,138	3% below HPI

18 SPILSBY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 18 SPILSBY ROAD sales between October 1995 and May 2017 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 November 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 SPILSBY ROAD be worth now?

18 SPILSBY ROAD might now be worth an estimated £151,465.

This is based on house price inflation of 44.3%, between May 2017 and February 2025, for semi-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 44.3% inflationary increase is applied to the most recent sale price for 18 SPILSBY ROAD of £105,000 on 15th May 2017. For the value to have increased from £105,000 to £151,465 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 18 SPILSBY ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The May 2017 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPILSBY ROAD has not materially changed since May 2017.

How Large is 18 SPILSBY ROAD?

18 SPILSBY ROAD is 64m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wainfleet All Saints, and where 18 SPILSBY ROAD lies on this distribution: 16% of semi-detached houses houses are smaller than 18 SPILSBY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

18 SPILSBY ROAD: Plot and Title Map

18 SPILSBY ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 18 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 18 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 18 SPILSBY ROAD?

18 SPILSBY ROAD is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 18 on SPILSBY ROAD.