IKHAYA, PARTNEY, SPILSBY, PE23 4PG - £142,500

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.

IKHAYA is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £238,806. It was last sold for £142,500 in March 2006, which was around 17% below the average March 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

IKHAYA Sold Prices

Land registry data shows two sales for IKHAYA 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. Both of the two IKHAYA 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
2006 10 MAR	£142,500	£170,812	17% below HPI
1999 10 DEC	£71,000	£72,104	2% below HPI

IKHAYA 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 IKHAYA sales from December 1999 and March 2006 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 December 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might IKHAYA be worth now?

IKHAYA might now be worth an estimated £238,806.

This is based on house price inflation of 67.6%, between March 2006 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 67.6% inflationary increase is applied to the most recent sale price for IKHAYA of £142,500 on 10th March 2006. For the value to have increased from £142,500 to £238,806 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of IKHAYA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2006 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of IKHAYA has not materially changed since March 2006.

How Large is IKHAYA?

IKHAYA is 99m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses houses in Partney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Partney, and where IKHAYA lies on this distribution: 37% of detached houses houses are smaller than IKHAYA, and 60% of houses are larger. Note that EPC data is not available for all properties in Partney.

IKHAYA: Plot and Title Map

IKHAYA sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of IKHAYA, 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 IKHAYA). 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 IKHAYA?

IKHAYA is located in PARTNEY, in the PE23 postcode district. The below map shows the position of IKHAYA in PARTNEY.