PARK HOUSE, DEEP LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LZ - £245,000

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

PARK HOUSE is a midsized extended detached house of 155m², built sometime between 1900 and 1929. It was last sold for £245,000 in July 2014, which was around 40% above the average July 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

PARK HOUSE Sold Prices

Land registry data shows four sales for PARK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four PARK HOUSE 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
2014 16 JUL	£245,000	£174,550	40% above HPI
2002 8 NOV	£185,000	£117,182	58% above HPI
2000 17 JAN	£88,000	£72,598	21% above HPI
1996 30 APR	£71,500	£53,878	33% above HPI

PARK HOUSE 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 four PARK HOUSE sales between April 1996 and July 2014 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 November 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2014 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 155m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hagworthingham, and where PARK HOUSE lies on this distribution: 55% of detached houses are smaller than PARK HOUSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

PARK HOUSE is located on DEEP LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of PARK HOUSE on DEEP LANE.