2, MAIN ROAD, HUNDLEBY, SPILSBY, PE23 5LS - £110,000

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.

2 MAIN ROAD is a midsized flat of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £102,594. It was last sold for £110,000 in October 2024, which was around 11% above the average October 2024 flat price in the East Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

2 MAIN ROAD Sold Prices

Land registry data shows three sales for 2 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 MAIN ROAD 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
2024 24 OCT	£110,000	£98,950	11% above HPI
2011 23 MAR	£85,000	£66,276	28% above HPI
2001 31 OCT	£55,001	£35,004	57% above HPI

What might 2 MAIN ROAD be worth now?

2 MAIN ROAD might now be worth an estimated £102,594.

This is based on house price deflation of 6.7%, between October 2024 and May 2026, for flats, 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 6.7% deflationary decrease is applied to the most recent sale price for 2 MAIN ROAD of £110,000 on 24th October 2024. For the value to have decreased from £110,000 to £102,594 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 2 MAIN ROAD has moved in line with the HPI for flats in the East Lindsey local authority area.
• The October 2024 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAIN ROAD has not materially changed since October 2024.

How Large is 2 MAIN ROAD?

2 MAIN ROAD is 64m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of flats in Spilsby, based on EPC data. 50% of flats are smaller than 2 MAIN ROAD, and 42% of flats are larger. Note that EPC data is not available for all properties in Spilsby.

2 MAIN ROAD: Plot

2 MAIN ROAD sits on a plot of roughly 0.109 of an acre, or 443m².

Where is 2 MAIN ROAD?

2 MAIN ROAD is located in HUNDLEBY, in the PE23 postcode district.