THE POPLARS, STATION ROAD, LITTLE STEEPING, SPILSBY, PE23 5BQ - £315,000

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.

THE POPLARS is a very large detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £426,115. It was last sold for £315,000 in February 2018, which was around 49% above the average February 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

THE POPLARS Sold Prices

Land registry data shows three sales for THE POPLARS 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 THE POPLARS 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 2 FEB	£315,000	£211,608	49% above HPI
2010 5 MAY	£235,000	£174,415	35% above HPI
2005 2 AUG	£250,000	£170,566	47% above HPI

THE POPLARS 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 THE POPLARS sales between August 2005 and February 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 May 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2018 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might THE POPLARS be worth now?

THE POPLARS might now be worth an estimated £426,115.

This is based on house price inflation of 35.3%, between February 2018 and February 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 35.3% inflationary increase is applied to the most recent sale price for THE POPLARS of £315,000 on 2nd February 2018. For the value to have increased from £315,000 to £426,115 over the seven years to February 2025, the following assumptions must hold true:

• The value of THE POPLARS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of THE POPLARS has not materially changed since February 2018.

How Large is THE POPLARS?

THE POPLARS is 204m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses houses in Little Steeping, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Steeping, and where THE POPLARS lies on this distribution: 84% of detached houses houses are smaller than THE POPLARS, and 16% of houses are larger. Note that EPC data is not available for all properties in Little Steeping.

THE POPLARS: Plot and Title Map

THE POPLARS sits on a plot of roughly 0.324 of an acre, or 1,312m². The below map shows the location of THE POPLARS, 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 POPLARS). 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 POPLARS?

THE POPLARS is located on STATION ROAD in LITTLE STEEPING, in the PE23 postcode district. The below map shows the position of THE POPLARS on STATION ROAD.