27, SPILSBY MEADOWS, SPILSBY, PE23 5GA - £152,500

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.

27 SPILSBY MEADOWS is a very small detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £196,688. It was last sold for £152,500 in October 2018, which was around 31% below the average October 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

27 SPILSBY MEADOWS Sold Prices

Land registry data shows three sales for 27 SPILSBY MEADOWS 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 27 SPILSBY MEADOWS 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
2018 15 OCT	£152,500	£221,942	31% below HPI
2007 9 MAR	£129,750	£185,683	30% below HPI
2003 24 OCT	£102,950	£139,872	26% below HPI

27 SPILSBY MEADOWS 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 27 SPILSBY MEADOWS sales between October 2003 and October 2018 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 March 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 27 SPILSBY MEADOWS be worth now?

27 SPILSBY MEADOWS might now be worth an estimated £196,688.

This is based on house price inflation of 29%, between October 2018 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 29% inflationary increase is applied to the most recent sale price for 27 SPILSBY MEADOWS of £152,500 on 15th October 2018. For the value to have increased from £152,500 to £196,688 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 27 SPILSBY MEADOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2018 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 27 SPILSBY MEADOWS has not materially changed since October 2018.

How Large is 27 SPILSBY MEADOWS?

27 SPILSBY MEADOWS is 73m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 27 SPILSBY MEADOWS lies on this distribution: 19% of detached houses houses are smaller than 27 SPILSBY MEADOWS, and 81% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

27 SPILSBY MEADOWS: Plot and Title Map

27 SPILSBY MEADOWS sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 27 SPILSBY MEADOWS, 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 27 SPILSBY MEADOWS). 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 27 SPILSBY MEADOWS?

27 SPILSBY MEADOWS is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 27 on SPILSBY MEADOWS.