GLEBE FARM, STATION ROAD, LITTLE STEEPING, SPILSBY, PE23 5BH - £229,950

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

GLEBE FARM is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £229,950 in July 2020, which was around 6% above the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was A.

GLEBE FARM Sold Prices

Land registry data shows two sales for GLEBE FARM 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 GLEBE FARM 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 22 JUL	£229,950	£216,924	6% above HPI
2015 3 SEP	£186,000	£187,244	1% below HPI

GLEBE FARM 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 GLEBE FARM sales from September 2015 and July 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 September 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is GLEBE FARM?

GLEBE FARM is 119m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 GLEBE FARM lies on this distribution: 42% of detached houses are smaller than GLEBE FARM, and 58% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

GLEBE FARM: Plot and Title Map

GLEBE FARM sits on a plot of roughly 0.264 of an acre, or 1,069m². The below map shows the location of GLEBE FARM, 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 GLEBE FARM). 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 GLEBE FARM?

GLEBE FARM is located on STATION ROAD in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of GLEBE FARM on STATION ROAD.