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

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.

RICHMOND is a small extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £311,564. It was last sold for £249,000 in July 2018, which was around 13% 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	£220,525	13% above HPI
2015 9 JUN	£220,000	£182,782	20% above HPI
2011 6 SEP	£175,000	£171,097	2% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might RICHMOND be worth now?

RICHMOND might now be worth an estimated £311,564.

This is based on house price inflation of 25.1%, between July 2018 and August 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 25.1% inflationary increase is applied to the most recent sale price for RICHMOND of £249,000 on 16th July 2018. For the value to have increased from £249,000 to £311,564 over the six years and eleven months to August 2025, the following assumptions must hold true:

• The value of RICHMOND has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2018 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND has not materially changed since July 2018.

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 houses in Hagworthingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagworthingham, and where RICHMOND lies on this distribution: 38% of detached houses houses are smaller than RICHMOND, and 62% 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.