71, SPILSBY ROAD, HORNCASTLE, LN9 6NE - £199,950

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

71 SPILSBY ROAD is a very large detached house of 152m², built sometime between 1950 and 1966. It was last sold for £199,950 in November 2017, which was around 4% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was E.

71 SPILSBY ROAD Sold Prices

Land registry data shows three sales for 71 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 71 SPILSBY 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
2017 10 NOV	£199,950	£207,429	4% below HPI
2014 4 JUL	£148,700	£174,550	15% below HPI
2010 2 DEC	£125,000	£165,271	24% below HPI

71 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 71 SPILSBY ROAD sales between December 2010 and November 2017 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 71 SPILSBY ROAD?

71 SPILSBY ROAD is 152m² according to the EPC inspection conducted in March 2011. 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 71 SPILSBY ROAD lies on this distribution: 86% of detached houses are smaller than 71 SPILSBY ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

71 SPILSBY ROAD: Plot and Title Map

71 SPILSBY ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 71 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 71 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 71 SPILSBY ROAD?

71 SPILSBY ROAD is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 71 on SPILSBY ROAD.