4, RESOLUTE CLOSE, SPILSBY, PE23 5LL - £245,000

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

4 RESOLUTE CLOSE is a large detached house of 133m², built sometime between 1991 and 1995. It was last sold for £245,000 in March 2021, which was around 5% above the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

4 RESOLUTE CLOSE Sold Prices

Land registry data shows three sales for 4 RESOLUTE CLOSE 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. Two of the three 4 RESOLUTE CLOSE sales were for above the average price, whilst one 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
2021 12 MAR	£245,000	£233,062	5% above HPI
2002 12 DEC	£165,000	£117,463	40% above HPI
2001 9 OCT	£27,500	£88,982	69% below HPI

4 RESOLUTE CLOSE 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 4 RESOLUTE CLOSE sales between October 2001 and March 2021 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 December 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 RESOLUTE CLOSE?

4 RESOLUTE CLOSE is 133m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 4 RESOLUTE CLOSE lies on this distribution: 77% of detached houses are smaller than 4 RESOLUTE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

4 RESOLUTE CLOSE: Plot and Title Map

4 RESOLUTE CLOSE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 4 RESOLUTE CLOSE, 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 4 RESOLUTE CLOSE). 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 4 RESOLUTE CLOSE?

4 RESOLUTE CLOSE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 4 on RESOLUTE CLOSE.