3, EREBUS CLOSE, SPILSBY, PE23 5LJ - £220,000

3 EREBUS CLOSE is a large detached house of 112m², built sometime between 1983 and 1990. It was last sold for £220,000 in July 2021, which was around 8% below the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 EREBUS CLOSE Sold Prices

Land registry data shows five sales for 3 EREBUS CLOSE 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 3 EREBUS 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
2021 30 JUL	£220,000	£239,638	8% below HPI
2007 17 AUG	£195,000	£192,296	1% above HPI
2002 28 FEB	£70,000	£93,882	25% below HPI
2001 10 APR	£69,000	£78,743	12% below HPI
2000 10 MAY	£68,000	£72,066	6% below HPI

3 EREBUS 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 five 3 EREBUS CLOSE sales between May 2000 and July 2021 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 August 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 EREBUS CLOSE?

3 EREBUS CLOSE is 112m² according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 3 EREBUS CLOSE lies on this distribution: 67% of detached houses are smaller than 3 EREBUS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

3 EREBUS CLOSE: Plot and Title Map

3 EREBUS CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 EREBUS 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 3 EREBUS 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 3 EREBUS CLOSE?

3 EREBUS CLOSE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 3 on EREBUS CLOSE.