HILLCREST, PARTNEY, SPILSBY, PE23 4PF - £430,000

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.

HILLCREST is a midsized extended detached house of 145m², built sometime before 1900, which could now be worth an estimated £407,573. It was last sold for £430,000 in June 2022, which was around 55% above the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was F.

HILLCREST Sold Prices

Land registry data shows three sales for HILLCREST 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. All of the three HILLCREST 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
2022 1 JUN	£430,000	£277,692	55% above HPI
2015 26 AUG	£260,000	£187,653	39% above HPI
2009 27 MAR	£240,000	£164,675	46% above HPI

HILLCREST 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 HILLCREST sales between March 2009 and June 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 August 2015 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £407,573.

This is based on house price deflation of 5.2%, between June 2022 and June 2025, for detached 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 5.2% deflationary decrease is applied to the most recent sale price for HILLCREST of £430,000 on 1st June 2022. For the value to have decreased from £430,000 to £407,573 over the three years to June 2025, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since June 2022.

How Large is HILLCREST?

HILLCREST is 145m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses houses in Partney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Partney, and where HILLCREST lies on this distribution: 55% of detached houses houses are smaller than HILLCREST, and 45% of houses are larger. Note that EPC data is not available for all properties in Partney.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located in PARTNEY, in the PE23 postcode district. The below map shows the position of HILLCREST in PARTNEY.