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

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.

LONGACRE LODGE is a very large extended detached house of 213m², built sometime between 1996 and 2002, which could now be worth an estimated £510,469. It was last sold for £497,000 in November 2023, which was around 78% 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	£278,699	78% above HPI
2011 10 JUN	£275,000	£166,794	65% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2023 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might LONGACRE LODGE be worth now?

LONGACRE LODGE might now be worth an estimated £510,469.

This is based on house price inflation of 2.7%, between November 2023 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 2.7% inflationary increase is applied to the most recent sale price for LONGACRE LODGE of £497,000 on 30th November 2023. For the value to have increased from £497,000 to £510,469 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of LONGACRE LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2023 sale price of £497,000 represented a fair market value for the property.
• The size, condition, and specification of LONGACRE LODGE has not materially changed since November 2023.

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 houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Steeping, and where LONGACRE LODGE lies on this distribution: 86% of detached houses 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.