38, SPILSBY ROAD, HORNCASTLE, LN9 6AW - £200,000

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 SPILSBY ROAD is a large detached house of 131m², built sometime before 1900. It was last sold for £200,000 in July 2011, which was around 19% above the average July 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

38 SPILSBY ROAD Sold Prices

Land registry data shows two sales for 38 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. One of the two 38 SPILSBY ROAD sales was for above the average price, whilst the other was 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
2011 25 JUL	£200,000	£168,467	19% above HPI
2004 24 SEP	£160,000	£163,555	2% below HPI

38 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 38 SPILSBY ROAD sales from September 2004 and July 2011 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2011 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 38 SPILSBY ROAD?

38 SPILSBY ROAD is 131m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 38 SPILSBY ROAD lies on this distribution: 74% of detached houses are smaller than 38 SPILSBY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

38 SPILSBY ROAD: Plot and Title Map

38 SPILSBY ROAD sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 38 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 38 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 38 SPILSBY ROAD?

38 SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 38 on SPILSBY ROAD.