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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

STONELEIGH is a small extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £248,518. It was last sold for £250,000 in March 2023, which was around 13% 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	£286,582	13% below HPI
2020 29 JUN	£250,000	£221,978	13% above HPI
2012 13 AUG	£217,500	£167,374	30% above HPI
2006 3 APR	£187,500	£177,109	6% above HPI
1999 5 FEB	£75,500	£65,212	16% above HPI
1996 20 SEP	£52,500	£58,955	11% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might STONELEIGH be worth now?

STONELEIGH might now be worth an estimated £248,518.

This is based on house price deflation of 0.6%, between March 2023 and March 2025, 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 0.6% deflationary decrease is applied to the most recent sale price for STONELEIGH of £250,000 on 30th March 2023. For the value to have decreased from £250,000 to £248,518 over the two years to March 2025, the following assumptions must hold true:

• The value of STONELEIGH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of STONELEIGH has not materially changed since March 2023.

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 40% of detached houses houses in East Keal, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Keal, and where STONELEIGH lies on this distribution: 39% of detached houses houses are smaller than STONELEIGH, and 61% 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.