BEAUCHIEF, WAINFLEET ROAD, FIRSBY, SPILSBY, PE23 5QP - £355,000

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

BEAUCHIEF is a midsized detached house of 122m², built sometime between 1996 and 2002. It was last sold for £355,000 in August 2024, which was around 33% above the average August 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was D.

BEAUCHIEF Sold Prices

Land registry data shows four sales for BEAUCHIEF since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four BEAUCHIEF 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
2024 23 AUG	£355,000	£266,578	33% above HPI
2023 17 AUG	£280,000	£281,984	1% below HPI
2006 8 AUG	£247,000	£176,973	40% above HPI
2002 15 MAY	£117,500	£98,349	19% above HPI

BEAUCHIEF 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 four BEAUCHIEF sales between May 2002 and August 2024 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 2023 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2024 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is BEAUCHIEF?

BEAUCHIEF is 122m² according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses in Firsby, based on EPC data. The below chart shows the distribution of detached houses by size in Firsby, and where BEAUCHIEF lies on this distribution: 60% of detached houses are smaller than BEAUCHIEF, and 40% of houses are larger. Note that EPC data is not available for all properties in Firsby.

BEAUCHIEF: Plot and Title Map

BEAUCHIEF sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of BEAUCHIEF, 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 BEAUCHIEF). 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 BEAUCHIEF?

BEAUCHIEF is located on WAINFLEET ROAD in FIRSBY, in the PE23 postcode district. The below map shows the position of BEAUCHIEF on WAINFLEET ROAD.