2, HALIFAX ROAD, SPILSBY, PE23 5GE - £142,800

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.

2 HALIFAX ROAD is a small detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £237,445. It was last sold for £142,800 in October 2010, which was around 17% below the average October 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

2 HALIFAX ROAD Sold Prices

Land registry data shows two sales for 2 HALIFAX 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 2 HALIFAX 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
2010 15 OCT	£142,800	£172,153	17% below HPI
2009 1 OCT	£132,000	£167,824	21% below HPI

2 HALIFAX 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 2 HALIFAX ROAD sales from October 2009 and October 2010 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 October 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2010 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 HALIFAX ROAD be worth now?

2 HALIFAX ROAD might now be worth an estimated £237,445.

This is based on house price inflation of 66.3%, between October 2010 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 66.3% inflationary increase is applied to the most recent sale price for 2 HALIFAX ROAD of £142,800 on 15th October 2010. For the value to have increased from £142,800 to £237,445 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HALIFAX ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2010 sale price of £142,800 represented a fair market value for the property.
• The size, condition, and specification of 2 HALIFAX ROAD has not materially changed since October 2010.

How Large is 2 HALIFAX ROAD?

2 HALIFAX ROAD is 76m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 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 2 HALIFAX ROAD lies on this distribution: 22% of detached houses houses are smaller than 2 HALIFAX ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

2 HALIFAX ROAD: Plot and Title Map

2 HALIFAX ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 HALIFAX 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 2 HALIFAX 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 2 HALIFAX ROAD?

2 HALIFAX ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 2 on HALIFAX ROAD.