DARILHENA, THORPE BANK, LITTLE STEEPING, SPILSBY, PE23 5BB - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DARILHENA is a midsized detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £399,961. It was last sold for £300,000 in June 2018, which was around 40% above the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

DARILHENA Sold Prices

Land registry data shows four sales for DARILHENA 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 DARILHENA 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
2018 15 JUN	£300,000	£213,690	40% above HPI
2015 26 JUN	£265,000	£182,782	45% above HPI
2010 26 NOV	£230,000	£167,973	37% above HPI
2002 28 OCT	£169,000	£116,353	45% above HPI

DARILHENA 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 DARILHENA sales between October 2002 and June 2018 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 June 2015 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might DARILHENA be worth now?

DARILHENA might now be worth an estimated £399,961.

This is based on house price inflation of 33.3%, between June 2018 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for DARILHENA of £300,000 on 15th June 2018. For the value to have increased from £300,000 to £399,961 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of DARILHENA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of DARILHENA has not materially changed since June 2018.

How Large is DARILHENA?

DARILHENA is 130m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Steeping, and where DARILHENA lies on this distribution: 47% of detached houses houses are smaller than DARILHENA, and 53% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

DARILHENA: Plot and Title Map

DARILHENA sits on a plot of roughly 0.513 of an acre, or 2,077m². The below map shows the location of DARILHENA, 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 DARILHENA). 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 DARILHENA?

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