FIELD HOUSE, CHURCH LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LP - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIELD HOUSE is a very small extended detached house of 99m², built sometime before 1900, which could now be worth an estimated £341,398. It was last sold for £270,000 in October 2020, which was around 19% above the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

FIELD HOUSE Sold Prices

Land registry data shows two sales for FIELD HOUSE 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. One of the two FIELD HOUSE sales was for above the average price, whilst the other 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
2020 16 OCT	£270,000	£226,387	19% above HPI
2015 6 AUG	£161,250	£187,653	14% below HPI

FIELD 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 two FIELD HOUSE sales from August 2015 and October 2020 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 August 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might FIELD HOUSE be worth now?

FIELD HOUSE might now be worth an estimated £341,398.

This is based on house price inflation of 26.4%, between October 2020 and February 2025, 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 26.4% inflationary increase is applied to the most recent sale price for FIELD HOUSE of £270,000 on 16th October 2020. For the value to have increased from £270,000 to £341,398 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of FIELD HOUSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of FIELD HOUSE has not materially changed since October 2020.

How Large is FIELD HOUSE?

FIELD HOUSE is 99m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagworthingham, and where FIELD HOUSE lies on this distribution: 14% of detached houses houses are smaller than FIELD HOUSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

FIELD HOUSE: Plot and Title Map

FIELD HOUSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of FIELD 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 FIELD 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 FIELD HOUSE?

FIELD HOUSE is located on CHURCH LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of FIELD HOUSE on CHURCH LANE.