38, SHAMFIELDS ROAD, SPILSBY, PE23 5NN - £132,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 SHAMFIELDS ROAD is a very small detached house of 47m², built sometime between 1991 and 1995. It was last sold for £132,500 in January 2018, which was around 37% below the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

38 SHAMFIELDS ROAD Sold Prices

Land registry data shows two sales for 38 SHAMFIELDS 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 38 SHAMFIELDS ROAD 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 22 JAN	£132,500	£209,687	37% below HPI
1997 21 MAR	£50,000	£55,546	10% below HPI

38 SHAMFIELDS 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 38 SHAMFIELDS ROAD sales from March 1997 and January 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 38 SHAMFIELDS ROAD?

38 SHAMFIELDS ROAD is 47m² according to the EPC inspection conducted in January 2017. 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 38 SHAMFIELDS ROAD lies on this distribution: Less than 1% of detached houses are smaller than 38 SHAMFIELDS ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

38 SHAMFIELDS ROAD: Plot and Title Map

38 SHAMFIELDS ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 38 SHAMFIELDS 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 38 SHAMFIELDS 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 38 SHAMFIELDS ROAD?

38 SHAMFIELDS ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 38 on SHAMFIELDS ROAD.