SPYE HOUSE, MAIN ROAD, WEST KEAL, SPILSBY, PE23 4BE - £267,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

SPYE HOUSE is a large extended detached house of 151m², built sometime before 1900. It was last sold for £267,500 in March 2016, which was around 44% above the average March 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was E.

SPYE HOUSE Sold Prices

Land registry data shows two sales for SPYE HOUSE 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. One of the two SPYE HOUSE sales was for above the average price, whilst the other was 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
2016 15 MAR	£267,500	£186,100	44% above HPI
2001 28 SEP	£80,000	£85,238	6% below HPI

SPYE HOUSE 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 SPYE HOUSE sales from September 2001 and March 2016 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 September 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is SPYE HOUSE?

SPYE HOUSE is 151m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses in West Keal, based on EPC data. The below chart shows the distribution of detached houses by size in West Keal, and where SPYE HOUSE lies on this distribution: 73% of detached houses are smaller than SPYE HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in West Keal.

SPYE HOUSE: Plot and Title Map

SPYE HOUSE sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of SPYE HOUSE, 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 SPYE HOUSE). 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 SPYE HOUSE?

SPYE HOUSE is located on MAIN ROAD in WEST KEAL, in the PE23 postcode district. The below map shows the position of SPYE HOUSE on MAIN ROAD.