BARNSIDE, CHURCH LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LP - £318,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BARNSIDE is a midsized extended detached house of 136m², built sometime between 1991 and 1995. It was last sold for £318,000 in February 2023, which was around 12% above the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

BARNSIDE Sold Prices

Land registry data shows two sales for BARNSIDE 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 BARNSIDE sales were for above 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
2023 2 FEB	£318,000	£283,795	12% above HPI
1998 10 JUL	£80,000	£65,105	23% above HPI

BARNSIDE 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 BARNSIDE sales from July 1998 and February 2023 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 July 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is BARNSIDE?

BARNSIDE is 136m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hagworthingham, and where BARNSIDE lies on this distribution: 41% of detached houses are smaller than BARNSIDE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

BARNSIDE: Plot and Title Map

BARNSIDE sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of BARNSIDE, 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 BARNSIDE). 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 BARNSIDE?

BARNSIDE is located on CHURCH LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of BARNSIDE on CHURCH LANE.