THE BARN, DEEP LANE, HAGWORTHINGHAM, SPILSBY, PE23 4LZ - £250,000

THE BARN is a small extended detached house of 132m², built sometime before 1900. It was last sold for £250,000 in December 2014, which was around 42% above the average December 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two THE BARN sales was for above the average price, whilst the other was 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 17 DEC	£250,000	£176,376	42% above HPI
2001 23 MAR	£42,500	£75,801	44% below HPI

THE BARN 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 two THE BARN sales from March 2001 and December 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 March 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2014 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE BARN?

THE BARN is 132m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 THE BARN lies on this distribution: 35% of detached houses are smaller than THE BARN, and 63% of houses are larger. Note that EPC data is not available for all properties in Hagworthingham.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.598 of an acre, or 2,419m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on DEEP LANE in HAGWORTHINGHAM, in the PE23 postcode district. The below map shows the position of THE BARN on DEEP LANE.