SPRINGFIELD, CARLTON ROAD, MANBY, LOUTH, LN11 8HH - £265,000

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

SPRINGFIELD is a very large extended detached house of 182m², built sometime between 1967 and 1975. It was last sold for £265,000 in May 2006, which was around 48% above the average May 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows three sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three SPRINGFIELD 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
2006 24 MAY	£265,000	£179,287	48% above HPI
2004 16 FEB	£189,950	£147,806	29% above HPI
1996 16 APR	£67,500	£53,878	25% above HPI

SPRINGFIELD 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 three SPRINGFIELD sales between April 1996 and May 2006 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 February 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2006 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 182m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where SPRINGFIELD lies on this distribution: 88% of detached houses are smaller than SPRINGFIELD, and 12% of houses are larger. Note that EPC data is not available for all properties in Manby.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on CARLTON ROAD in MANBY, in the LN11 postcode district. The below map shows the position of SPRINGFIELD on CARLTON ROAD.