8, MASONIC LANE, SPILSBY, PE23 5LR - £110,000

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.

8 MASONIC LANE is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £152,039. It was last sold for £110,000 in December 2015, which was around 10% above the average December 2015 terraced price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

8 MASONIC LANE Sold Prices

Land registry data shows five sales for 8 MASONIC LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Most of the five 8 MASONIC LANE 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
2015 15 DEC	£110,000	£100,408	10% above HPI
2011 9 DEC	£99,000	£88,199	12% above HPI
2006 17 JUL	£98,500	£100,272	2% below HPI
2003 30 SEP	£71,950	£66,413	8% above HPI
2000 14 APR	£32,000	£35,150	9% below HPI

8 MASONIC LANE 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 five 8 MASONIC LANE sales between April 2000 and December 2015 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 December 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 MASONIC LANE be worth now?

8 MASONIC LANE might now be worth an estimated £152,039.

This is based on house price inflation of 38.2%, between December 2015 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 38.2% inflationary increase is applied to the most recent sale price for 8 MASONIC LANE of £110,000 on 15th December 2015. For the value to have increased from £110,000 to £152,039 over the ten years and five months to July 2025, the following assumptions must hold true:

• The value of 8 MASONIC LANE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The December 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MASONIC LANE has not materially changed since December 2015.

How Large is 8 MASONIC LANE?

8 MASONIC LANE is 62m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 8 MASONIC LANE lies on this distribution: 7% of terraced houses houses are smaller than 8 MASONIC LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

8 MASONIC LANE: Plot and Title Map

8 MASONIC LANE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 8 MASONIC LANE, 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 8 MASONIC LANE). 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 8 MASONIC LANE?

8 MASONIC LANE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 8 on MASONIC LANE.