ROBINS WOOD, FEN LANE, EAST KEAL, SPILSBY, PE23 4AY - £240,000

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.

ROBINS WOOD is a very large extended detached house of 216m², built sometime between 1976 and 1982, which could now be worth an estimated £309,492. It was last sold for £240,000 in June 2020, which was around 8% above the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

ROBINS WOOD Sold Prices

Land registry data shows two sales for ROBINS WOOD 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 ROBINS WOOD 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
2020 29 JUN	£240,000	£221,978	8% above HPI
2012 27 APR	£212,000	£162,802	30% above HPI

ROBINS WOOD 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 ROBINS WOOD sales from April 2012 and June 2020 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 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might ROBINS WOOD be worth now?

ROBINS WOOD might now be worth an estimated £309,492.

This is based on house price inflation of 29%, between June 2020 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 29% inflationary increase is applied to the most recent sale price for ROBINS WOOD of £240,000 on 29th June 2020. For the value to have increased from £240,000 to £309,492 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of ROBINS WOOD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of ROBINS WOOD has not materially changed since June 2020.

How Large is ROBINS WOOD?

ROBINS WOOD is 216m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in East Keal, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Keal, and where ROBINS WOOD lies on this distribution: 84% of detached houses houses are smaller than ROBINS WOOD, and 16% of houses are larger. Note that EPC data is not available for all properties in East Keal.

ROBINS WOOD: Plot and Title Map

ROBINS WOOD sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of ROBINS WOOD, 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 ROBINS WOOD). 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 ROBINS WOOD?

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