BARROW LODGE, FEN LANE, EAST KEAL, SPILSBY, PE23 4AY - £332,000

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

BARROW LODGE is a small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £332,000 in February 2021, which was around 43% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

BARROW LODGE Sold Prices

Land registry data shows two sales for BARROW LODGE 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 BARROW LODGE 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
2021 25 FEB	£332,000	£232,837	43% above HPI
2010 18 AUG	£217,000	£170,916	27% above HPI

BARROW LODGE 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 BARROW LODGE sales from August 2010 and February 2021 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 August 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is BARROW LODGE?

BARROW LODGE is 120m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in East Keal, based on EPC data. The below chart shows the distribution of detached houses by size in East Keal, and where BARROW LODGE lies on this distribution: 36% of detached houses are smaller than BARROW LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in East Keal.

BARROW LODGE: Plot and Title Map

BARROW LODGE sits on a plot of roughly 0.535 of an acre, or 2,167m². The below map shows the location of BARROW LODGE, 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 BARROW LODGE). 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 BARROW LODGE?

BARROW LODGE is located on FEN LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of BARROW LODGE on FEN LANE.