MANOR BUNGALOW, LITTLE STEEPING, SPILSBY, PE23 5BL - £225,000

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.

MANOR BUNGALOW is a very small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £321,641. It was last sold for £225,000 in December 2016, which was around 12% above the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

MANOR BUNGALOW Sold Prices

Land registry data shows two sales for MANOR BUNGALOW 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. One of the two MANOR BUNGALOW sales was for above the average price, whilst the other was 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
2016 14 DEC	£225,000	£200,244	12% above HPI
2009 10 AUG	£147,000	£167,880	12% below HPI

MANOR BUNGALOW 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 MANOR BUNGALOW sales from August 2009 and December 2016 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 August 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might MANOR BUNGALOW be worth now?

MANOR BUNGALOW might now be worth an estimated £321,641.

This is based on house price inflation of 43%, between December 2016 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 43% inflationary increase is applied to the most recent sale price for MANOR BUNGALOW of £225,000 on 14th December 2016. For the value to have increased from £225,000 to £321,641 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of MANOR BUNGALOW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of MANOR BUNGALOW has not materially changed since December 2016.

How Large is MANOR BUNGALOW?

MANOR BUNGALOW is 85m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 MANOR BUNGALOW lies on this distribution: 5% of detached houses houses are smaller than MANOR BUNGALOW, and 95% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

MANOR BUNGALOW: Plot and Title Map

MANOR BUNGALOW sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of MANOR BUNGALOW, 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 MANOR BUNGALOW). 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 MANOR BUNGALOW?

MANOR BUNGALOW is located in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of MANOR BUNGALOW in LITTLE STEEPING.