LONGACRE LODGE, STATION ROAD, LITTLE STEEPING, SPILSBY, PE23 5BH - £497,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LONGACRE LODGE is a very large extended detached house of 213m², built sometime between 1996 and 2002. It was last sold for £497,000 in November 2023, which was around 80% above the average November 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

LONGACRE LODGE Sold Prices

Land registry data shows two sales for LONGACRE 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 LONGACRE 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
2023 30 NOV	£497,000	£275,385	80% above HPI
2011 10 JUN	£275,000	£164,399	67% above HPI

LONGACRE 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 LONGACRE LODGE sales from June 2011 and November 2023 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 2011 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2023 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is LONGACRE LODGE?

LONGACRE LODGE is 213m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where LONGACRE LODGE lies on this distribution: 86% of detached houses are smaller than LONGACRE LODGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

LONGACRE LODGE: Plot and Title Map

LONGACRE LODGE sits on a plot of roughly 0.916 of an acre, or 3,706m². The below map shows the location of LONGACRE 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 LONGACRE 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 LONGACRE LODGE?

LONGACRE LODGE is located on STATION ROAD in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of LONGACRE LODGE on STATION ROAD.