JASMINE LODGE, FEN LANE, EAST KEAL, SPILSBY, PE23 4AY - £337,500

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

JASMINE LODGE is a midsized extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £337,500 in January 2021, which was around 43% above the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

JASMINE LODGE Sold Prices

Land registry data shows two sales for JASMINE LODGE 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 JASMINE LODGE 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 29 JAN	£337,500	£236,135	43% above HPI
2015 7 JUL	£210,000	£181,933	15% above HPI

JASMINE LODGE 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 JASMINE LODGE sales from July 2015 and January 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 July 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is JASMINE LODGE?

JASMINE LODGE is 150m², which includes one extension, according to the EPC inspection conducted in July 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 JASMINE LODGE lies on this distribution: 58% of detached houses are smaller than JASMINE LODGE, and 42% of houses are larger. Note that EPC data is not available for all properties in East Keal.

JASMINE LODGE: Plot and Title Map

JASMINE LODGE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of JASMINE LODGE, 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 JASMINE LODGE). 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 JASMINE LODGE?

JASMINE LODGE is located on FEN LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of JASMINE LODGE on FEN LANE.