SHAHDAROBA, HAGNABY LANE, KEAL COTES, SPILSBY, PE23 4AL - £146,000

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

SHAHDAROBA is a very small extended detached house of 52m², built sometime between 1967 and 1975. It was last sold for £146,000 in June 2018, which was around 31% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was F, and the potential energy rating was B.

SHAHDAROBA Sold Prices

Land registry data shows four sales for SHAHDAROBA 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 SHAHDAROBA 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
2018 1 JUN	£146,000	£210,621	31% below HPI
2000 6 MAR	£51,000	£72,210	29% below HPI
1998 5 JAN	£32,500	£63,072	48% below HPI
1996 16 MAY	£26,000	£55,273	53% below HPI

SHAHDAROBA 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 SHAHDAROBA sales between May 1996 and June 2018 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 March 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is SHAHDAROBA?

SHAHDAROBA is 52m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Keal Cotes, based on EPC data. The below chart shows the distribution of detached houses by size in Keal Cotes, and where SHAHDAROBA lies on this distribution: Less than 1% of detached houses are smaller than SHAHDAROBA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Keal Cotes.

SHAHDAROBA: Plot and Title Map

SHAHDAROBA sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of SHAHDAROBA, 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 SHAHDAROBA). 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 SHAHDAROBA?

SHAHDAROBA is located on HAGNABY LANE in KEAL COTES, in the PE23 postcode district. The below map shows the position of SHAHDAROBA on HAGNABY LANE.