BLACK HORSE HOUSE, THORPE BANK, LITTLE STEEPING, SPILSBY, PE23 5BG - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BLACK HORSE HOUSE is a large detached house of 178m². It was last sold for £450,000 in June 2024, which was around 67% above the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was B.

BLACK HORSE HOUSE Sold Prices

Land registry data shows three sales for BLACK HORSE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three BLACK HORSE HOUSE sales were for above the average price, whilst one was 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 14 JUN	£450,000	£269,556	67% above HPI
2021 14 JAN	£373,000	£236,135	58% above HPI
2018 30 APR	£55,000	£205,229	73% below HPI

BLACK HORSE HOUSE 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 three BLACK HORSE HOUSE sales between April 2018 and June 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 January 2021 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2024 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is BLACK HORSE HOUSE?

BLACK HORSE HOUSE is 178m² according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where BLACK HORSE HOUSE lies on this distribution: 72% of detached houses are smaller than BLACK HORSE HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

BLACK HORSE HOUSE: Plot and Title Map

BLACK HORSE HOUSE sits on a plot of roughly 0.428 of an acre, or 1,734m². The below map shows the location of BLACK HORSE HOUSE, 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 BLACK HORSE HOUSE). 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 BLACK HORSE HOUSE?

BLACK HORSE HOUSE is located on THORPE BANK in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of BLACK HORSE HOUSE on THORPE BANK.