SPITAL LODGE, SPITAL HILL, LOUTH, LN11 9JP - £438,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPITAL LODGE is a very large extended detached house of 191m², built sometime between 1996 and 2002, which could now be worth an estimated £527,716. It was last sold for £438,000 in March 2021, which was around 85% above the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

SPITAL LODGE Sold Prices

Land registry data shows two sales for SPITAL LODGE 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 SPITAL LODGE 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
2021 10 MAR	£438,000	£236,458	85% above HPI
2005 17 JUN	£285,000	£171,121	67% above HPI

SPITAL LODGE 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 SPITAL LODGE sales from June 2005 and March 2021 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 2005 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2021 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might SPITAL LODGE be worth now?

SPITAL LODGE might now be worth an estimated £527,716.

This is based on house price inflation of 20.5%, between March 2021 and December 2024, 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 20.5% inflationary increase is applied to the most recent sale price for SPITAL LODGE of £438,000 on 10th March 2021. For the value to have increased from £438,000 to £527,716 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of SPITAL LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2021 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of SPITAL LODGE has not materially changed since March 2021.

How Large is SPITAL LODGE?

SPITAL LODGE is 191m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Louth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Louth, and where SPITAL LODGE lies on this distribution: 90% of detached houses houses are smaller than SPITAL LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Louth.

SPITAL LODGE: Plot and Title Map

SPITAL LODGE sits on a plot of roughly 0.345 of an acre, or 1,397m². The below map shows the location of SPITAL LODGE, 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 SPITAL LODGE). 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 SPITAL LODGE?

SPITAL LODGE is located on SPITAL HILL in LOUTH, in the LN11 postcode district. The below map shows the position of SPITAL LODGE on SPITAL HILL.