47C, SPILSBY ROAD, HORNCASTLE, LN9 6AW - £400,000

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

47C SPILSBY ROAD is a very large detached house of 152m². It was last sold for £400,000 in November 2023, which was around 45% above the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

47C SPILSBY ROAD Sold Prices

Land registry data shows three sales for 47C SPILSBY ROAD 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. All of the three 47C 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
2023 16 NOV	£400,000	£275,977	45% above HPI
2021 23 JUL	£385,000	£239,638	61% above HPI
2020 29 OCT	£350,000	£223,136	57% above HPI

47C 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 three 47C SPILSBY ROAD sales between October 2020 and November 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 July 2021 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 47C SPILSBY ROAD?

47C SPILSBY ROAD is 152m² according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 47C SPILSBY ROAD lies on this distribution: 86% of detached houses are smaller than 47C SPILSBY ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

47C SPILSBY ROAD: Plot and Title Map

47C SPILSBY ROAD sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 47C 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 47C 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 47C SPILSBY ROAD?

47C SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 47C on SPILSBY ROAD.