40, SHAMFIELDS ROAD, SPILSBY, PE23 5NN - £155,500

40 SHAMFIELDS ROAD is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £155,500 in September 2021, which was around 37% below the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

40 SHAMFIELDS ROAD Sold Prices

Land registry data shows five sales for 40 SHAMFIELDS 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. All of the five 40 SHAMFIELDS ROAD 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 23 SEP	£155,500	£245,698	37% below HPI
2003 31 JAN	£103,000	£118,614	13% below HPI
2001 25 MAY	£50,000	£80,622	38% below HPI
2000 15 SEP	£56,950	£75,578	25% below HPI
1997 5 DEC	£51,500	£61,463	16% below HPI

40 SHAMFIELDS 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 40 SHAMFIELDS ROAD sales between December 1997 and September 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 January 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 40 SHAMFIELDS ROAD?

40 SHAMFIELDS ROAD is 50m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 40 SHAMFIELDS ROAD lies on this distribution: 2% of detached houses are smaller than 40 SHAMFIELDS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

40 SHAMFIELDS ROAD: Plot and Title Map

40 SHAMFIELDS ROAD sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 40 SHAMFIELDS 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 40 SHAMFIELDS 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 40 SHAMFIELDS ROAD?

40 SHAMFIELDS ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 40 on SHAMFIELDS ROAD.