RICHMOND, CHURCH LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LP - £249,000

RICHMOND is a small extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £249,000 in July 2018, which was around 15% above the average July 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

RICHMOND Sold Prices

Land registry data shows three sales for RICHMOND 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 RICHMOND 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
2018 16 JUL	£249,000	£217,358	15% above HPI
2015 9 JUN	£220,000	£180,157	22% above HPI
2011 6 SEP	£175,000	£168,640	4% above HPI

RICHMOND 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 RICHMOND sales between September 2011 and July 2018 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 June 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is RICHMOND?

RICHMOND is 133m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hagworthingham, and where RICHMOND lies on this distribution: 40% of detached houses are smaller than RICHMOND, and 60% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

RICHMOND: Plot and Title Map

RICHMOND sits on a plot of roughly 0.308 of an acre, or 1,245m². The below map shows the location of RICHMOND, 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 RICHMOND). 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 RICHMOND?

RICHMOND is located on CHURCH LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of RICHMOND on CHURCH LANE.