8, GRANARY CLOSE, SPILSBY, PE23 5BP - £97,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

8 GRANARY CLOSE is a very small detached house of 67m², built sometime from 2007 onwards. It was last sold for £97,000 in January 2013, which was around 38% below the average January 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

8 GRANARY CLOSE Sold Prices

Land registry data shows two sales for 8 GRANARY CLOSE 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 8 GRANARY CLOSE 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
2013 23 JAN	£97,000	£155,908	38% below HPI
2010 28 OCT	£90,000	£169,681	47% below HPI

8 GRANARY CLOSE 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 8 GRANARY CLOSE sales from October 2010 and January 2013 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 October 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2013 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 GRANARY CLOSE?

8 GRANARY CLOSE is 67m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 8 GRANARY CLOSE lies on this distribution: 11% of detached houses are smaller than 8 GRANARY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

8 GRANARY CLOSE: Plot and Title Map

8 GRANARY CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 8 GRANARY CLOSE, 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 8 GRANARY CLOSE). 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 8 GRANARY CLOSE?

8 GRANARY CLOSE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 8 on GRANARY CLOSE.