36, SPILSBY ROAD, HORNCASTLE, LN9 6AW - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

36 SPILSBY ROAD is a very large extended detached house of 185m², built sometime before 1900. It was last sold for £370,000 in October 2024, which was around 31% above the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

36 SPILSBY ROAD Sold Prices

Land registry data shows two sales for 36 SPILSBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 36 SPILSBY ROAD 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
2024 11 OCT	£370,000	£282,947	31% above HPI
2007 2 FEB	£270,000	£183,541	47% above HPI

36 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 two 36 SPILSBY ROAD sales from February 2007 and October 2024 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 February 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2024 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 36 SPILSBY ROAD be worth now?

36 SPILSBY ROAD might now be worth an estimated £372,543.

This is based on house price inflation of 0.7%, between October 2024 and December 2024, 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 0.7% inflationary increase is applied to the most recent sale price for 36 SPILSBY ROAD of £370,000 on 11th October 2024. For the value to have increased from £370,000 to £372,543 over the ten months to December 2024, the following assumptions must hold true:

• The value of 36 SPILSBY ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SPILSBY ROAD has not materially changed since October 2024.

How Large is 36 SPILSBY ROAD?

36 SPILSBY ROAD is 185m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 36 SPILSBY ROAD lies on this distribution: 93% of detached houses houses are smaller than 36 SPILSBY ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

36 SPILSBY ROAD: Plot and Title Map

36 SPILSBY ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 36 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 36 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 36 SPILSBY ROAD?

36 SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 36 on SPILSBY ROAD.