KINVER, GREAT STEEPING, SPILSBY, PE23 5PT - £123,500

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.

KINVER is a small extended detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £196,197. It was last sold for £123,500 in May 2014, which was around 29% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was A.

KINVER Sold Prices

Land registry data shows three sales for KINVER 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 KINVER 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
2014 23 MAY	£123,500	£174,953	29% below HPI
2012 14 SEP	£124,950	£165,561	25% below HPI
2011 3 JUN	£98,000	£166,794	41% below HPI

KINVER 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 KINVER sales between June 2011 and May 2014 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might KINVER be worth now?

KINVER might now be worth an estimated £196,197.

This is based on house price inflation of 58.9%, between May 2014 and July 2026, 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 58.9% inflationary increase is applied to the most recent sale price for KINVER of £123,500 on 23rd May 2014. For the value to have increased from £123,500 to £196,197 over the eleven years and ten months to July 2026, the following assumptions must hold true:

• The value of KINVER has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2014 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of KINVER has not materially changed since May 2014.

How Large is KINVER?

KINVER is 76m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in Great Steeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Steeping, and where KINVER lies on this distribution: 27% of detached houses houses are smaller than KINVER, and 69% of houses are larger. Note that EPC data is not available for all properties in Great Steeping.

KINVER: Plot and Title Map

KINVER sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of KINVER, 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 KINVER). 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 KINVER?

KINVER is located in GREAT STEEPING, in the PE23 postcode district. The below map shows the position of KINVER in GREAT STEEPING.