STONELEIGH, CHURCH LANE, EAST KEAL, SPILSBY, PE23 4AT - £250,000

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

STONELEIGH is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2023, which was around 11% below the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

STONELEIGH Sold Prices

Land registry data shows six sales for STONELEIGH since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the six STONELEIGH 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
2023 30 MAR	£250,000	£282,466	11% below HPI
2020 29 JUN	£250,000	£218,791	14% above HPI
2012 13 AUG	£217,500	£164,970	32% above HPI
2006 3 APR	£187,500	£174,566	7% above HPI
1999 5 FEB	£75,500	£64,275	17% above HPI
1996 20 SEP	£52,500	£58,109	10% below HPI

STONELEIGH 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 six STONELEIGH sales between September 1996 and March 2023 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 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is STONELEIGH?

STONELEIGH is 127m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 STONELEIGH lies on this distribution: 42% of detached houses are smaller than STONELEIGH, and 58% of houses are larger. Note that EPC data is not available for all properties in East Keal.

STONELEIGH: Plot and Title Map

STONELEIGH sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of STONELEIGH, 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 STONELEIGH). 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 STONELEIGH?

STONELEIGH is located on CHURCH LANE in EAST KEAL, in the PE23 postcode district. The below map shows the position of STONELEIGH on CHURCH LANE.