HIGH GREEN, BLACKSMITH LANE, EAST KEAL, SPILSBY, PE23 4AZ - £230,000

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

HIGH GREEN is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £230,000 in May 2024, which was around 18% below the average May 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

HIGH GREEN Sold Prices

Land registry data shows three sales for HIGH GREEN 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 HIGH GREEN sales were 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
2024 30 MAY	£230,000	£278,956	18% below HPI
2005 11 OCT	£159,950	£176,098	9% below HPI
2004 4 MAY	£30,000	£155,981	81% below HPI

HIGH GREEN 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 HIGH GREEN sales between May 2004 and May 2024 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 October 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HIGH GREEN?

HIGH GREEN is 67m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% 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 HIGH GREEN lies on this distribution: 4% of detached houses are smaller than HIGH GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in East Keal.

HIGH GREEN: Plot and Title Map

HIGH GREEN sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of HIGH GREEN, 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 HIGH GREEN). 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 HIGH GREEN?

HIGH GREEN is located on BLACKSMITH LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of HIGH GREEN on BLACKSMITH LANE.