8, POST OFFICE LANE, SPILSBY, PE23 5LQ - £142,255

8 POST OFFICE LANE is a small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £142,255 in April 2022, which was around 46% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

8 POST OFFICE LANE Sold Prices

Land registry data shows five sales for 8 POST OFFICE LANE 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 8 POST OFFICE LANE 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
2022 13 APR	£142,255	£265,146	46% below HPI
2007 7 DEC	£122,500	£187,355	35% below HPI
2005 1 DEC	£99,950	£170,868	42% below HPI
2002 19 JUL	£59,950	£101,518	41% below HPI
1997 21 MAY	£40,000	£59,416	33% below HPI

8 POST OFFICE LANE 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 8 POST OFFICE LANE sales between May 1997 and April 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 December 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 8 POST OFFICE LANE?

8 POST OFFICE LANE is 77m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 8 POST OFFICE LANE lies on this distribution: 22% of detached houses are smaller than 8 POST OFFICE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

8 POST OFFICE LANE: Plot and Title Map

8 POST OFFICE LANE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 8 POST OFFICE 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 POST OFFICE 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 POST OFFICE LANE?

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