GLEBE HOUSE, SCHOOL LANE, EAST KEAL, SPILSBY, PE23 4AU - £330,000

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

GLEBE HOUSE is a midsized extended detached house of 147m², built sometime before 1900. It was last sold for £330,000 in February 2021, which was around 42% above the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was D.

GLEBE HOUSE Sold Prices

Land registry data shows five sales for GLEBE HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five GLEBE HOUSE 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
2021 10 FEB	£330,000	£232,837	42% above HPI
2017 7 APR	£246,000	£203,689	21% above HPI
2002 19 NOV	£202,500	£117,182	73% above HPI
2001 6 JUL	£135,000	£80,837	67% above HPI
1997 4 NOV	£115,000	£60,955	89% above HPI

GLEBE 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 five GLEBE HOUSE sales between November 1997 and February 2021 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 April 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is GLEBE HOUSE?

GLEBE HOUSE is 147m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 GLEBE HOUSE lies on this distribution: 54% of detached houses are smaller than GLEBE HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in East Keal.

GLEBE HOUSE: Plot and Title Map

GLEBE HOUSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of GLEBE 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 GLEBE 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 GLEBE HOUSE?

GLEBE HOUSE is located on SCHOOL LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of GLEBE HOUSE on SCHOOL LANE.