CHURCH VIEW, CHURCH LANE, EAST KEAL, SPILSBY, PE23 4AT - £115,000

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

CHURCH VIEW is a very small detached house of 50m², built sometime between 1930 and 1949. It was last sold for £115,000 in November 2017, which was around 45% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was E.

CHURCH VIEW Sold Prices

Land registry data shows four sales for CHURCH VIEW 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. All of the four CHURCH VIEW 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
2017 20 NOV	£115,000	£207,429	45% below HPI
2016 6 SEP	£112,000	£191,934	42% below HPI
2006 23 JUN	£121,500	£183,212	34% below HPI
2001 29 JUN	£47,000	£82,504	43% below HPI

CHURCH VIEW 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 CHURCH VIEW sales between June 2001 and November 2017 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is CHURCH VIEW?

CHURCH VIEW is 50m² according to the EPC inspection conducted in April 2010. 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 CHURCH VIEW lies on this distribution: Less than 1% of detached houses are smaller than CHURCH VIEW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in East Keal.

CHURCH VIEW: Plot and Title Map

CHURCH VIEW sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of CHURCH VIEW, 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 CHURCH VIEW). 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 CHURCH VIEW?

CHURCH VIEW is located on CHURCH LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of CHURCH VIEW on CHURCH LANE.