9, FITZJAMES CLOSE, SPILSBY, PE23 5NL - £132,000

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.

9 FITZJAMES CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £166,413. It was last sold for £132,000 in November 2020, which was around 14% below the average November 2020 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

9 FITZJAMES CLOSE Sold Prices

Land registry data shows four sales for 9 FITZJAMES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 9 FITZJAMES 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
2020 20 NOV	£132,000	£153,044	14% below HPI
2016 21 JAN	£107,000	£126,433	15% below HPI
2002 19 JUL	£59,950	£64,551	7% below HPI
1997 27 MAR	£41,950	£35,638	18% above HPI

9 FITZJAMES CLOSE 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 four 9 FITZJAMES CLOSE sales between March 1997 and November 2020 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 January 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 FITZJAMES CLOSE be worth now?

9 FITZJAMES CLOSE might now be worth an estimated £166,413.

This is based on house price inflation of 26.1%, between November 2020 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 26.1% inflationary increase is applied to the most recent sale price for 9 FITZJAMES CLOSE of £132,000 on 20th November 2020. For the value to have increased from £132,000 to £166,413 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 FITZJAMES CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The November 2020 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FITZJAMES CLOSE has not materially changed since November 2020.

How Large is 9 FITZJAMES CLOSE?

9 FITZJAMES CLOSE is 58m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of semi-detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spilsby, and where 9 FITZJAMES CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 9 FITZJAMES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

9 FITZJAMES CLOSE: Plot and Title Map

9 FITZJAMES CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 9 FITZJAMES 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 9 FITZJAMES 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 9 FITZJAMES CLOSE?

9 FITZJAMES CLOSE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 9 on FITZJAMES CLOSE.