MOONRAKER, THORPE BANK, LITTLE STEEPING, SPILSBY, PE23 5BB - £160,000

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.

MOONRAKER is a midsized detached house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £276,172. It was last sold for £160,000 in May 2012, which was around 4% below the average May 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was F.

MOONRAKER Sold Prices

Land registry data shows two sales for MOONRAKER 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 MOONRAKER sales were 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
2012 24 MAY	£160,000	£165,840	4% below HPI
1996 13 SEP	£35,000	£58,955	41% below HPI

MOONRAKER 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 MOONRAKER sales from September 1996 and May 2012 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 September 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2012 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might MOONRAKER be worth now?

MOONRAKER might now be worth an estimated £276,172.

This is based on house price inflation of 72.6%, between May 2012 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 72.6% inflationary increase is applied to the most recent sale price for MOONRAKER of £160,000 on 24th May 2012. For the value to have increased from £160,000 to £276,172 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of MOONRAKER has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of MOONRAKER has not materially changed since May 2012.

How Large is MOONRAKER?

MOONRAKER is 118m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% 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 MOONRAKER lies on this distribution: 41% of detached houses houses are smaller than MOONRAKER, and 59% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

MOONRAKER: Plot and Title Map

MOONRAKER sits on a plot of roughly 0.768 of an acre, or 3,110m². The below map shows the location of MOONRAKER, 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 MOONRAKER). 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 MOONRAKER?

MOONRAKER is located on THORPE BANK in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of MOONRAKER on THORPE BANK.