THE HEDGEROW, STATION ROAD, FIRSBY, SPILSBY, PE23 5QR - £144,500

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

THE HEDGEROW is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £144,500 in September 2004, which was around 12% below the average September 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

THE HEDGEROW Sold Prices

Land registry data shows four sales for THE HEDGEROW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four THE HEDGEROW sales were for below the average price, and four 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
2004 24 SEP	£144,500	£163,555	12% below HPI
2002 18 NOV	£125,000	£117,182	7% above HPI
1998 7 MAY	£65,000	£60,945	7% above HPI
1996 1 MAR	£50,000	£52,002	4% below HPI

THE HEDGEROW 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 four THE HEDGEROW sales between March 1996 and September 2004 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 November 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2004 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE HEDGEROW?

THE HEDGEROW is 118m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Firsby, based on EPC data. The below chart shows the distribution of detached houses by size in Firsby, and where THE HEDGEROW lies on this distribution: 57% of detached houses are smaller than THE HEDGEROW, and 43% of houses are larger. Note that EPC data is not available for all properties in Firsby.

THE HEDGEROW: Plot and Title Map

THE HEDGEROW sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of THE HEDGEROW, 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 THE HEDGEROW). 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 THE HEDGEROW?

THE HEDGEROW is located on STATION ROAD in FIRSBY, in the PE23 postcode district. The below map shows the position of THE HEDGEROW on STATION ROAD.