23, WOODLAND VIEW, SPILSBY, PE23 5GD - £325,000

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.

23 WOODLAND VIEW is a very large extended detached house of 184m², built sometime between 2003 and 2006, which could now be worth an estimated £364,645. It was last sold for £325,000 in October 2021, which was around 27% above the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

23 WOODLAND VIEW Sold Prices

Land registry data shows three sales for 23 WOODLAND VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 23 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
2021 27 OCT	£325,000	£255,130	27% above HPI
2017 3 MAY	£270,000	£203,787	32% above HPI
2006 8 DEC	£279,950	£180,421	55% above HPI

23 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 three 23 WOODLAND VIEW sales between December 2006 and October 2021 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 May 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 23 WOODLAND VIEW be worth now?

23 WOODLAND VIEW might now be worth an estimated £364,645.

This is based on house price inflation of 12.2%, between October 2021 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 12.2% inflationary increase is applied to the most recent sale price for 23 WOODLAND VIEW of £325,000 on 27th October 2021. For the value to have increased from £325,000 to £364,645 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 WOODLAND VIEW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WOODLAND VIEW has not materially changed since October 2021.

How Large is 23 WOODLAND VIEW?

23 WOODLAND VIEW is 184m², which includes three extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 23 WOODLAND VIEW lies on this distribution: 93% of detached houses houses are smaller than 23 WOODLAND VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

23 WOODLAND VIEW: Plot and Title Map

23 WOODLAND VIEW sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 23 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 23 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 23 WOODLAND VIEW?

23 WOODLAND VIEW is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 23 on WOODLAND VIEW.