ASHWOOD, ORBY, SPILSBY, PE23 5SW - £350,000

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.

ASHWOOD is a large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £522,290. It was last sold for £350,000 in July 2016, which was around 82% above the average July 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

ASHWOOD Sold Prices

Land registry data shows two sales for ASHWOOD 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. One of the two ASHWOOD sales was for above the average price, whilst the other was 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
2016 8 JUL	£350,000	£191,825	82% above HPI
1996 12 JAN	£50,000	£56,741	12% below HPI

ASHWOOD 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 ASHWOOD sales from January 1996 and July 2016 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might ASHWOOD be worth now?

ASHWOOD might now be worth an estimated £522,290.

This is based on house price inflation of 49.2%, between July 2016 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 49.2% inflationary increase is applied to the most recent sale price for ASHWOOD of £350,000 on 8th July 2016. For the value to have increased from £350,000 to £522,290 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of ASHWOOD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of ASHWOOD has not materially changed since July 2016.

How Large is ASHWOOD?

ASHWOOD is 150m² according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Orby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orby, and where ASHWOOD lies on this distribution: 69% of detached houses houses are smaller than ASHWOOD, and 31% of houses are larger. Note that EPC data is not available for all properties in Orby.

ASHWOOD: Plot and Title Map

ASHWOOD sits on a plot of roughly 2.2 acres, or 9,075m². The below map shows the location of ASHWOOD, 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 ASHWOOD). 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 ASHWOOD?

ASHWOOD is located in ORBY, in the PE23 postcode district. The below map shows the position of ASHWOOD in ORBY.