9, SPILSBY MEADOWS, SPILSBY, PE23 5GA - £215,000

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 SPILSBY MEADOWS is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £227,877. It was last sold for £215,000 in January 2022, which was around 20% below the average January 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

9 SPILSBY MEADOWS Sold Prices

Land registry data shows three sales for 9 SPILSBY MEADOWS 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 9 SPILSBY MEADOWS 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
2022 24 JAN	£215,000	£270,076	20% below HPI
2017 8 MAR	£155,000	£205,977	25% below HPI
2003 19 DEC	£109,950	£146,727	25% below HPI

9 SPILSBY MEADOWS 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 9 SPILSBY MEADOWS sales between December 2003 and January 2022 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 March 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 SPILSBY MEADOWS be worth now?

9 SPILSBY MEADOWS might now be worth an estimated £227,877.

This is based on house price inflation of 6%, between January 2022 and February 2025, for 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 6% inflationary increase is applied to the most recent sale price for 9 SPILSBY MEADOWS of £215,000 on 24th January 2022. For the value to have increased from £215,000 to £227,877 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 9 SPILSBY MEADOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPILSBY MEADOWS has not materially changed since January 2022.

How Large is 9 SPILSBY MEADOWS?

9 SPILSBY MEADOWS is 72m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spilsby, and where 9 SPILSBY MEADOWS lies on this distribution: 17% of detached houses houses are smaller than 9 SPILSBY MEADOWS, and 82% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

9 SPILSBY MEADOWS: Plot and Title Map

9 SPILSBY MEADOWS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 9 SPILSBY MEADOWS, 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 SPILSBY MEADOWS). 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 SPILSBY MEADOWS?

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