Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
4A THE TERRACE is a large detached house of 129m², built sometime before 1900. It was last sold for £132,000 in November 2023, which was around 53% below the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 4A THE TERRACE since 1st 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 4A THE TERRACE sales was for below the average price, whilst the other was 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 15 NOV | £132,000 | £278,266 | ![]() 53% below HPI |
2001 19 DEC | £145,000 | £92,325 | ![]() 57% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 4A THE TERRACE sales from December 2001 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 December 2001 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the November 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
4A THE TERRACE is 129m² according to the EPC inspection conducted in September 2020. 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 4A THE TERRACE lies on this distribution: 75% of detached houses are smaller than 4A THE TERRACE, and 25% of houses are larger. Note that EPC data is not available for all properties in Spilsby.
4A THE TERRACE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 4A THE TERRACE, 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 4A THE TERRACE). 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.
4A THE TERRACE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 4A on THE TERRACE.