VIKING LODGE, MAIN ROAD, WEST KEAL, SPILSBY, PE23 4BE - £375,000

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

VIKING LODGE is a very large detached house of 185m², built sometime between 1983 and 1990. It was last sold for £375,000 in December 2020, which was around 61% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

VIKING LODGE Sold Prices

Land registry data shows two sales for VIKING LODGE 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 VIKING LODGE 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
2020 3 DEC	£375,000	£233,083	61% above HPI
2019 10 JUN	£242,000	£215,341	12% above HPI

VIKING LODGE 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 VIKING LODGE sales from June 2019 and December 2020 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 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is VIKING LODGE?

VIKING LODGE is 185m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 VIKING LODGE lies on this distribution: 95% of detached houses are smaller than VIKING LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in West Keal.

VIKING LODGE: Plot and Title Map

VIKING LODGE sits on a plot of roughly 0.496 of an acre, or 2,009m². The below map shows the location of VIKING LODGE, 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 VIKING LODGE). 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 VIKING LODGE?

VIKING LODGE is located on MAIN ROAD in WEST KEAL, in the PE23 postcode district. The below map shows the position of VIKING LODGE on MAIN ROAD.