40, ASHBY MEADOWS, SPILSBY, PE23 5DN - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 ASHBY MEADOWS is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £225,000 in April 2023, which was around 19% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

40 ASHBY MEADOWS Sold Prices

Land registry data shows two sales for 40 ASHBY MEADOWS 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 40 ASHBY 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
2023 13 APR	£225,000	£276,881	19% below HPI
2004 26 JAN	£132,750	£144,067	8% below HPI

40 ASHBY 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 two 40 ASHBY MEADOWS sales from January 2004 and April 2023 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 January 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 ASHBY MEADOWS?

40 ASHBY MEADOWS is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 40 ASHBY MEADOWS lies on this distribution: 36% of detached houses are smaller than 40 ASHBY MEADOWS, and 63% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

40 ASHBY MEADOWS: Plot and Title Map

40 ASHBY MEADOWS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 40 ASHBY 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 40 ASHBY 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 40 ASHBY MEADOWS?

40 ASHBY MEADOWS is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 40 on ASHBY MEADOWS.