BELLE VUE, BLACKSMITH LANE, EAST KEAL, SPILSBY, PE23 4AZ - £220,000

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

BELLE VUE is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2024, which was around 17% below the average July 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was C.

BELLE VUE Sold Prices

Land registry data shows two sales for BELLE VUE 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 BELLE VUE 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
2024 15 JUL	£220,000	£265,844	17% below HPI
2020 24 SEP	£135,000	£222,611	39% below HPI

BELLE VUE 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 BELLE VUE sales from September 2020 and July 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 September 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is BELLE VUE?

BELLE VUE is 65m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% 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 BELLE VUE lies on this distribution: 1% of detached houses are smaller than BELLE VUE, and 99% of houses are larger. Note that EPC data is not available for all properties in East Keal.

BELLE VUE: Plot and Title Map

BELLE VUE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of BELLE VUE, 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 BELLE VUE). 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 BELLE VUE?

BELLE VUE is located on BLACKSMITH LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of BELLE VUE on BLACKSMITH LANE.