Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
22 SHAMFIELDS ROAD is a very small semi-detached house of 57m², built sometime between 1991 and 1995. It was last sold for £115,000 in November 2015, which was around 39% below the average November 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 22 SHAMFIELDS ROAD since 1st 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 22 SHAMFIELDS 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 |
---|---|---|---|
2015 24 NOV | £115,000 | £188,088 | 39% below HPI |
2003 4 JUN | £83,500 | £133,913 | 38% below HPI |
2002 29 NOV | £73,950 | £117,182 | 37% below HPI |
2002 22 FEB | £55,000 | £93,882 | 41% below HPI |
1998 29 JUL | £39,000 | £65,105 | 40% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 22 SHAMFIELDS ROAD sales between July 1998 and November 2015 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 June 2003 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
22 SHAMFIELDS ROAD is 57m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 22 SHAMFIELDS ROAD lies on this distribution: 4% of detached houses are smaller than 22 SHAMFIELDS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Spilsby.
22 SHAMFIELDS ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 22 SHAMFIELDS 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 22 SHAMFIELDS 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.
22 SHAMFIELDS ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 22 on SHAMFIELDS ROAD.