9, MASONIC LANE, SPILSBY, PE23 5LR - £252,500

9 MASONIC LANE is a small extended detached house of 77m², built sometime between 1900 and 1929. It was last sold for £252,500 in October 2022, which was around 10% below the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

9 MASONIC LANE Sold Prices

Land registry data shows two sales for 9 MASONIC LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 9 MASONIC 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 20 OCT	£252,500	£280,087	10% below HPI
1999 8 SEP	£53,000	£68,475	23% below HPI

9 MASONIC 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 two 9 MASONIC LANE sales from September 1999 and October 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 September 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 9 MASONIC LANE?

9 MASONIC LANE is 77m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 9 MASONIC LANE lies on this distribution: 22% of detached houses are smaller than 9 MASONIC LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

9 MASONIC LANE: Plot and Title Map

9 MASONIC LANE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 9 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 9 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 9 MASONIC LANE?

9 MASONIC LANE is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 9 on MASONIC LANE.