50B, SPILSBY ROAD, HORNCASTLE, LN9 6AW - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50B SPILSBY ROAD is a small extended semi-detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £230,722. It was last sold for £140,000 in January 2015, which was around 20% above the average January 2015 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

50B SPILSBY ROAD Sold Prices

Land registry data shows two sales for 50B SPILSBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 50B 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
2015 9 JAN	£140,000	£117,076	20% above HPI
2007 16 APR	£147,000	£128,378	15% above HPI

50B SPILSBY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 50B SPILSBY ROAD sales from April 2007 and January 2015 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 April 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 50B SPILSBY ROAD be worth now?

50B SPILSBY ROAD might now be worth an estimated £230,722.

This is based on house price inflation of 64.8%, between January 2015 and February 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.8% inflationary increase is applied to the most recent sale price for 50B SPILSBY ROAD of £140,000 on 9th January 2015. For the value to have increased from £140,000 to £230,722 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 50B SPILSBY ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The January 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 50B SPILSBY ROAD has not materially changed since January 2015.

How Large is 50B SPILSBY ROAD?

50B SPILSBY ROAD is 83m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of semi-detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horncastle, and where 50B SPILSBY ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 50B SPILSBY ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

50B SPILSBY ROAD: Plot and Title Map

50B SPILSBY ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 50B 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 50B 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 50B SPILSBY ROAD?

50B SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 50B on SPILSBY ROAD.