25, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4LN - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 SPILSBY ROAD is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £165,000 in January 2015, which was around 5% below the average January 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

25 SPILSBY ROAD Sold Prices

Land registry data shows three sales for 25 SPILSBY ROAD 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. One of the three 25 SPILSBY ROAD sales was for below the average price, whilst two 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
2015 9 JAN	£165,000	£174,154	5% below HPI
1999 3 SEP	£73,000	£68,475	7% above HPI
1996 13 DEC	£62,500	£58,189	7% above HPI

25 SPILSBY 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 three 25 SPILSBY ROAD sales between December 1996 and January 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 September 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 25 SPILSBY ROAD?

25 SPILSBY ROAD is 123m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where 25 SPILSBY ROAD lies on this distribution: 77% of detached houses are smaller than 25 SPILSBY ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

25 SPILSBY ROAD: Plot and Title Map

25 SPILSBY ROAD sits on a plot of roughly 0.272 of an acre, or 1,099m². The below map shows the location of 25 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 25 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 25 SPILSBY ROAD?

25 SPILSBY ROAD is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 25 on SPILSBY ROAD.