51, SPILSBY ROAD, HORNCASTLE, LN9 6AW - £355,000

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

51 SPILSBY ROAD is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £355,000 in April 2023, which was around 28% above the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

51 SPILSBY ROAD Sold Prices

Land registry data shows two sales for 51 SPILSBY ROAD 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 51 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 27 APR	£355,000	£276,881	28% above HPI
2006 6 NOV	£190,000	£176,362	8% above HPI

51 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 two 51 SPILSBY ROAD sales from November 2006 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 November 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 51 SPILSBY ROAD?

51 SPILSBY ROAD is 176m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 51 SPILSBY ROAD lies on this distribution: 91% of detached houses are smaller than 51 SPILSBY ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

51 SPILSBY ROAD: Plot and Title Map

51 SPILSBY ROAD sits on a plot of roughly 0.516 of an acre, or 2,088m². The below map shows the location of 51 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 51 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 51 SPILSBY ROAD?

51 SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 51 on SPILSBY ROAD.