THE OLD GRANARY, STONE LANE, SPILSBY, PE23 5JS - £302,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD GRANARY is a very large extended detached house of 165m², built sometime before 1900. It was last sold for £302,000 in January 2008, which was around 65% above the average January 2008 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

THE OLD GRANARY Sold Prices

Land registry data shows two sales for THE OLD GRANARY 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. Both of the two THE OLD GRANARY 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
2008 18 JAN	£302,000	£183,372	65% above HPI
1998 19 JUN	£73,000	£62,599	17% above HPI

THE OLD GRANARY 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 THE OLD GRANARY sales from June 1998 and January 2008 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 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2008 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is THE OLD GRANARY?

THE OLD GRANARY is 165m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 20% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where THE OLD GRANARY lies on this distribution: 88% of detached houses are smaller than THE OLD GRANARY, and 11% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

THE OLD GRANARY: Plot and Title Map

THE OLD GRANARY sits on a plot of roughly 0.453 of an acre, or 1,832m². The below map shows the location of THE OLD GRANARY, 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 OLD GRANARY). 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 OLD GRANARY?

THE OLD GRANARY is located on STONE LANE in SPILSBY, in the PE23 postcode district. The below map shows the position of THE OLD GRANARY on STONE LANE.