AVALON, MAIN ROAD, KEAL COTES, SPILSBY, PE23 4AG - £130,000

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.

AVALON is a midsized extended detached house of 116m², built sometime before 1900, which could now be worth an estimated £191,098. It was last sold for £130,000 in September 2016, which was around 33% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

AVALON Sold Prices

Land registry data shows two sales for AVALON 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 AVALON 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
2016 1 SEP	£130,000	£194,731	33% below HPI
2016 7 MAR	£98,000	£188,811	48% below HPI

AVALON 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 AVALON sales from March 2016 and September 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 March 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might AVALON be worth now?

AVALON might now be worth an estimated £191,098.

This is based on house price inflation of 47%, between September 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 47% inflationary increase is applied to the most recent sale price for AVALON of £130,000 on 1st September 2016. For the value to have increased from £130,000 to £191,098 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of AVALON has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of AVALON has not materially changed since September 2016.

How Large is AVALON?

AVALON is 116m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses houses in Keal Cotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keal Cotes, and where AVALON lies on this distribution: 53% of detached houses houses are smaller than AVALON, and 47% of houses are larger. Note that EPC data is not available for all properties in Keal Cotes.

AVALON: Plot and Title Map

AVALON sits on a plot of roughly 0.390 of an acre, or 1,579m². The below map shows the location of AVALON, 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 AVALON). 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 AVALON?

AVALON is located on MAIN ROAD in KEAL COTES, in the PE23 postcode district. The below map shows the position of AVALON on MAIN ROAD.