SARACENS HEAD, MAIN ROAD, EAST KEAL, SPILSBY, PE23 4BA - £230,000

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

SARACENS HEAD is a midsized extended detached house of 144m², built sometime between 1900 and 1929. It was last sold for £230,000 in December 2010, which was around 39% above the average December 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

SARACENS HEAD Sold Prices

Land registry data shows two sales for SARACENS HEAD 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 SARACENS HEAD 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
2010 29 DEC	£230,000	£165,271	39% above HPI
2004 23 JUL	£245,500	£160,925	53% above HPI

SARACENS HEAD 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 SARACENS HEAD sales from July 2004 and December 2010 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 July 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2010 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is SARACENS HEAD?

SARACENS HEAD is 144m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% 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 SARACENS HEAD lies on this distribution: 49% of detached houses are smaller than SARACENS HEAD, and 51% of houses are larger. Note that EPC data is not available for all properties in East Keal.

SARACENS HEAD: Plot and Title Map

SARACENS HEAD sits on a plot of roughly 1.3 acres, or 5,344m². The below map shows the location of SARACENS HEAD, 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 SARACENS HEAD). 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 SARACENS HEAD?

SARACENS HEAD is located on MAIN ROAD in EAST KEAL, in the PE23 postcode district. The below map shows the position of SARACENS HEAD on MAIN ROAD.