THE POPLARS, STATION ROAD, LITTLE STEEPING, SPILSBY, PE23 5BQ - £315,000

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

THE POPLARS is a very large detached house of 204m², built sometime between 1996 and 2002. It was last sold for £315,000 in February 2018, which was around 51% above the average February 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

THE POPLARS Sold Prices

Land registry data shows three sales for THE POPLARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE POPLARS 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
2018 2 FEB	£315,000	£208,569	51% above HPI
2010 5 MAY	£235,000	£171,911	37% above HPI
2005 2 AUG	£250,000	£168,117	49% 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 three THE POPLARS sales between August 2005 and February 2018 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 May 2010 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is THE POPLARS?

THE POPLARS is 204m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses by size in Little Steeping, and where THE POPLARS lies on this distribution: 83% of detached houses are smaller than THE POPLARS, and 17% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

THE POPLARS: Plot and Title Map

THE POPLARS sits on a plot of roughly 0.324 of an acre, or 1,312m². 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 STATION ROAD in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of THE POPLARS on STATION ROAD.