10, TALBOT CLOSE, SPILSBY, PE23 5NW - £113,000

10 TALBOT CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £113,000 in November 2013, which was around 32% below the average November 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

10 TALBOT CLOSE Sold Prices

Land registry data shows four sales for 10 TALBOT CLOSE 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. All of the four 10 TALBOT CLOSE sales were for below 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
2013 1 NOV	£113,000	£165,133	32% below HPI
2004 31 MAR	£117,500	£149,981	22% below HPI
2002 22 FEB	£72,000	£93,882	23% below HPI
1999 4 OCT	£54,000	£67,772	20% below HPI

10 TALBOT CLOSE 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 10 TALBOT CLOSE sales between October 1999 and November 2013 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 March 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 10 TALBOT CLOSE?

10 TALBOT CLOSE is 69m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 10 TALBOT CLOSE lies on this distribution: 13% of detached houses are smaller than 10 TALBOT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

10 TALBOT CLOSE: Plot and Title Map

10 TALBOT CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 10 TALBOT CLOSE, 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 10 TALBOT CLOSE). 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 10 TALBOT CLOSE?

10 TALBOT CLOSE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 10 on TALBOT CLOSE.