25, OLD SCHOOL MEWS, SPILSBY, PE23 5QU - £122,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

25 OLD SCHOOL MEWS is a very small semi-detached house of 61m², built sometime between 1996 and 2002. It was last sold for £122,000 in July 2019, which was around 44% below the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

25 OLD SCHOOL MEWS Sold Prices

Land registry data shows four sales for 25 OLD SCHOOL MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 25 OLD SCHOOL MEWS 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
2019 5 JUL	£122,000	£216,879	44% below HPI
2015 8 JUN	£104,950	£180,157	42% below HPI
2013 26 JUL	£93,000	£164,032	43% below HPI
2004 1 NOV	£92,500	£167,463	45% below HPI

25 OLD SCHOOL MEWS 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 four 25 OLD SCHOOL MEWS sales between November 2004 and July 2019 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 25 OLD SCHOOL MEWS?

25 OLD SCHOOL MEWS is 61m² according to the EPC inspection conducted in November 2020. 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 25 OLD SCHOOL MEWS lies on this distribution: 6% of detached houses are smaller than 25 OLD SCHOOL MEWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

25 OLD SCHOOL MEWS: Plot and Title Map

25 OLD SCHOOL MEWS sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 25 OLD SCHOOL MEWS, 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 25 OLD SCHOOL MEWS). 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 25 OLD SCHOOL MEWS?

25 OLD SCHOOL MEWS is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 25 on OLD SCHOOL MEWS.