6, MAIN ROAD, WEST KEAL, SPILSBY, PE23 4BE - £150,000

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

6 MAIN ROAD is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £150,000 in December 2019, which was around 33% below the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

6 MAIN ROAD Sold Prices

Land registry data shows two sales for 6 MAIN 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 6 MAIN ROAD 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
2019 19 DEC	£150,000	£222,986	33% below HPI
2001 24 MAY	£72,000	£80,622	11% below HPI

6 MAIN 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 6 MAIN ROAD sales from May 2001 and December 2019 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 May 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 6 MAIN ROAD?

6 MAIN ROAD is 78m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in West Keal, based on EPC data. The below chart shows the distribution of detached houses by size in West Keal, and where 6 MAIN ROAD lies on this distribution: 15% of detached houses are smaller than 6 MAIN ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in West Keal.

6 MAIN ROAD: Plot and Title Map

6 MAIN ROAD sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 6 MAIN 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 6 MAIN 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 6 MAIN ROAD?

6 MAIN ROAD is located in WEST KEAL, in the PE23 postcode district. The below map shows the position of No. 6 on MAIN ROAD.