2, RAITHBY ROAD, HUNDLEBY, SPILSBY, PE23 5NH - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RAITHBY ROAD is a large extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £370,783. It was last sold for £310,000 in May 2019, which was around 41% above the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

2 RAITHBY ROAD Sold Prices

Land registry data shows five sales for 2 RAITHBY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 2 RAITHBY ROAD 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
2019 17 MAY	£310,000	£219,835	41% above HPI
2016 29 SEP	£255,000	£194,731	31% above HPI
2001 7 SEP	£104,950	£86,480	21% above HPI
1999 19 FEB	£67,000	£65,212	3% above HPI
1997 12 SEP	£59,950	£63,452	6% below HPI

2 RAITHBY ROAD 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 five 2 RAITHBY ROAD sales between September 1997 and May 2019 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 September 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2019 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 RAITHBY ROAD be worth now?

2 RAITHBY ROAD might now be worth an estimated £370,783.

This is based on house price inflation of 19.6%, between May 2019 and July 2025, 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 19.6% inflationary increase is applied to the most recent sale price for 2 RAITHBY ROAD of £310,000 on 17th May 2019. For the value to have increased from £310,000 to £370,783 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 2 RAITHBY ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAITHBY ROAD has not materially changed since May 2019.

How Large is 2 RAITHBY ROAD?

2 RAITHBY ROAD is 119m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spilsby, and where 2 RAITHBY ROAD lies on this distribution: 72% of detached houses houses are smaller than 2 RAITHBY ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

2 RAITHBY ROAD: Plot and Title Map

2 RAITHBY ROAD sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 2 RAITHBY ROAD, 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 2 RAITHBY ROAD). 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 2 RAITHBY ROAD?

2 RAITHBY ROAD is located in HUNDLEBY, in the PE23 postcode district. The below map shows the position of No. 2 on RAITHBY ROAD.