SUMMER FIELD, HALL LANE, WEST KEAL, SPILSBY, PE23 4BJ - £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

SUMMER FIELD is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £250,000 in July 2021, which was around 4% above the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

SUMMER FIELD Sold Prices

Land registry data shows two sales for SUMMER FIELD 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 SUMMER FIELD 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
2021 12 JUL	£250,000	£239,638	4% above HPI
1998 10 FEB	£60,000	£62,385	4% below HPI

SUMMER FIELD 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 SUMMER FIELD sales from February 1998 and July 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 February 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SUMMER FIELD?

SUMMER FIELD is 87m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 SUMMER FIELD lies on this distribution: 22% of detached houses are smaller than SUMMER FIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in West Keal.

SUMMER FIELD: Plot and Title Map

SUMMER FIELD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of SUMMER FIELD, 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 SUMMER FIELD). 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 SUMMER FIELD?

SUMMER FIELD is located on HALL LANE in WEST KEAL, in the PE23 postcode district. The below map shows the position of SUMMER FIELD on HALL LANE.