PENDALE, CHURCH LANE, EAST KEAL, SPILSBY, PE23 4AT - £220,000

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

PENDALE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £220,000 in August 2014, which was around 26% above the average August 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was A.

PENDALE Sold Prices

Land registry data shows two sales for PENDALE 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 PENDALE 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
2014 11 AUG	£220,000	£174,797	26% above HPI
2001 28 JUN	£75,000	£82,504	9% below HPI

PENDALE 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 PENDALE sales from June 2001 and August 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 June 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2014 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is PENDALE?

PENDALE is 70m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 PENDALE lies on this distribution: 6% of detached houses are smaller than PENDALE, and 94% of houses are larger. Note that EPC data is not available for all properties in East Keal.

PENDALE: Plot and Title Map

PENDALE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of PENDALE, 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 PENDALE). 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 PENDALE?

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