FEN LODGE, CHURCH LANE, EAST KEAL, SPILSBY, PE23 4AT - £287,000

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

FEN LODGE is a large detached house of 167m², built sometime between 1983 and 1990. It was last sold for £287,000 in April 2019, which was around 30% above the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

FEN LODGE Sold Prices

Land registry data shows three sales for FEN LODGE 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. All of the three FEN LODGE 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
2019 15 APR	£287,000	£220,042	30% above HPI
2010 16 DEC	£200,000	£165,271	21% above HPI
1998 9 OCT	£96,500	£64,551	49% above HPI

FEN LODGE 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 FEN LODGE sales between October 1998 and April 2019 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 December 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is FEN LODGE?

FEN LODGE is 167m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 FEN LODGE lies on this distribution: 65% of detached houses are smaller than FEN LODGE, and 35% of houses are larger. Note that EPC data is not available for all properties in East Keal.

FEN LODGE: Plot and Title Map

FEN LODGE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of FEN LODGE, 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 FEN LODGE). 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 FEN LODGE?

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