5, WEST END, SPILSBY, PE23 5ED - £200,000

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.

5 WEST END is a very large extended terraced house of 231m², built sometime between 1900 and 1929, which could now be worth an estimated £226,917. It was last sold for £200,000 in December 2020, which was around 64% above the average December 2020 terraced price in the East Lindsey local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

5 WEST END Sold Prices

Land registry data shows two sales for 5 WEST END since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Both of the two 5 WEST END 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 9 DEC	£200,000	£122,319	64% above HPI
1998 14 AUG	£55,500	£31,262	78% above HPI

5 WEST END Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The two 5 WEST END sales from August 1998 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 August 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the December 2020 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 5 WEST END be worth now?

5 WEST END might now be worth an estimated £226,917.

This is based on house price inflation of 13.5%, between December 2020 and July 2025, for terraced 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 13.5% inflationary increase is applied to the most recent sale price for 5 WEST END of £200,000 on 9th December 2020. For the value to have increased from £200,000 to £226,917 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 5 WEST END has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The December 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WEST END has not materially changed since December 2020.

How Large is 5 WEST END?

5 WEST END is 231m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of terraced houses houses in Spilsby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Spilsby, and where 5 WEST END lies on this distribution: 97% of terraced houses houses are smaller than 5 WEST END, and 3% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

5 WEST END: Plot and Title Map

5 WEST END sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 WEST END, 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 5 WEST END). 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 5 WEST END?

5 WEST END is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 5 on WEST END.