5, WOODLAND VIEW, SPILSBY, PE23 5GD - £240,000

5 WOODLAND VIEW is a midsized detached house of 96m², built sometime between 2003 and 2006. It was last sold for £240,000 in November 2022, which was around 16% below the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

5 WOODLAND VIEW Sold Prices

Land registry data shows three sales for 5 WOODLAND VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 5 WOODLAND VIEW sales were for below the average price, whilst one was 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
2022 16 NOV	£240,000	£285,033	16% below HPI
2005 29 JUL	£179,000	£167,827	7% above HPI
2004 11 MAY	£148,950	£155,981	5% below HPI

5 WOODLAND VIEW 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 three 5 WOODLAND VIEW sales between May 2004 and November 2022 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 July 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 WOODLAND VIEW?

5 WOODLAND VIEW is 96m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 5 WOODLAND VIEW lies on this distribution: 47% of detached houses are smaller than 5 WOODLAND VIEW, and 51% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

5 WOODLAND VIEW: Plot and Title Map

5 WOODLAND VIEW sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 5 WOODLAND VIEW, 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 WOODLAND VIEW). 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 WOODLAND VIEW?

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