THE POPLARS, RECTORY ROAD, ANDERBY, SKEGNESS, PE24 5YF - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE POPLARS is a midsized extended detached house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £281,027. It was last sold for £270,000 in May 2022, which was around 1% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

THE POPLARS Sold Prices

Land registry data shows two sales for THE POPLARS 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 THE POPLARS sales was for below the average price, whilst the other was 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
2022 24 MAY	£270,000	£273,713	1% below HPI
2003 17 FEB	£165,000	£121,961	35% above HPI

THE POPLARS 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 POPLARS sales from February 2003 and May 2022 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 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might THE POPLARS be worth now?

THE POPLARS might now be worth an estimated £281,027.

This is based on house price inflation of 4.1%, between May 2022 and December 2024, 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 4.1% inflationary increase is applied to the most recent sale price for THE POPLARS of £270,000 on 24th May 2022. For the value to have increased from £270,000 to £281,027 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of THE POPLARS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of THE POPLARS has not materially changed since May 2022.

How Large is THE POPLARS?

THE POPLARS is 129m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses houses in Anderby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anderby, and where THE POPLARS lies on this distribution: 48% of detached houses houses are smaller than THE POPLARS, and 52% of houses are larger. Note that EPC data is not available for all properties in Anderby.

THE POPLARS: Plot and Title Map

THE POPLARS sits on a plot of roughly 0.441 of an acre, or 1,784m². The below map shows the location of THE POPLARS, 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 POPLARS). 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 POPLARS?

THE POPLARS is located on RECTORY ROAD in ANDERBY, in the PE24 postcode district. The below map shows the position of THE POPLARS on RECTORY ROAD.