HONEYSUCKLE COTTAGE, HIGH STREET, SPILSBY, PE23 5JH - £120,000

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

HONEYSUCKLE COTTAGE is a midsized detached house of 100m², built sometime between 1900 and 1929. It was last sold for £120,000 in November 2020, which was around 48% below the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

HONEYSUCKLE COTTAGE Sold Prices

Land registry data shows four sales for HONEYSUCKLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four HONEYSUCKLE COTTAGE 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
2020 6 NOV	£120,000	£229,635	48% below HPI
2015 26 JUN	£74,000	£180,157	59% below HPI
2001 11 JAN	£49,000	£77,428	37% below HPI
1999 15 OCT	£28,000	£67,772	59% below HPI

HONEYSUCKLE COTTAGE 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 four HONEYSUCKLE COTTAGE sales between October 1999 and November 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 June 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2020 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is 100m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where HONEYSUCKLE COTTAGE lies on this distribution: 55% of detached houses are smaller than HONEYSUCKLE COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

HONEYSUCKLE COTTAGE: Plot and Title Map

HONEYSUCKLE COTTAGE sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of HONEYSUCKLE COTTAGE, 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 HONEYSUCKLE COTTAGE). 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 HONEYSUCKLE COTTAGE?

HONEYSUCKLE COTTAGE is located on HIGH STREET in SPILSBY, in the PE23 postcode district. The below map shows the position of HONEYSUCKLE COTTAGE on HIGH STREET.