MEADOWFIELDS, FEN LANE, EAST KEAL, SPILSBY, PE23 4AY - £362,000

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

MEADOWFIELDS is a very large detached house of 251m², built sometime between 1991 and 1995. It was last sold for £362,000 in August 2017, which was around 71% above the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

MEADOWFIELDS Sold Prices

Land registry data shows three sales for MEADOWFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three MEADOWFIELDS 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
2017 7 AUG	£362,000	£211,244	71% above HPI
2007 27 APR	£320,000	£186,442	72% above HPI
1998 17 JUL	£124,000	£65,105	90% above HPI

MEADOWFIELDS 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 three MEADOWFIELDS sales between July 1998 and August 2017 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 April 2007 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the August 2017 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is MEADOWFIELDS?

MEADOWFIELDS is 251m² according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 MEADOWFIELDS lies on this distribution: 91% of detached houses are smaller than MEADOWFIELDS, and 9% of houses are larger. Note that EPC data is not available for all properties in East Keal.

MEADOWFIELDS: Plot and Title Map

MEADOWFIELDS sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of MEADOWFIELDS, 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 MEADOWFIELDS). 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 MEADOWFIELDS?

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