THE POPULARS, FEN ROAD, KEAL COTES, SPILSBY, PE23 4AF - £250,000

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 POPULARS is a midsized detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £316,109. It was last sold for £250,000 in October 2020, which was around 10% above the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

THE POPULARS Sold Prices

Land registry data shows three sales for THE POPULARS 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 POPULARS 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
2020 23 OCT	£250,000	£226,387	10% above HPI
2002 2 AUG	£150,000	£107,027	40% above HPI
2000 10 MAY	£87,000	£73,116	19% above HPI

THE POPULARS 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 POPULARS sales between May 2000 and October 2020 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 August 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might THE POPULARS be worth now?

THE POPULARS might now be worth an estimated £316,109.

This is based on house price inflation of 26.4%, between October 2020 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 26.4% inflationary increase is applied to the most recent sale price for THE POPULARS of £250,000 on 23rd October 2020. For the value to have increased from £250,000 to £316,109 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of THE POPULARS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of THE POPULARS has not materially changed since October 2020.

How Large is THE POPULARS?

THE POPULARS is 121m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses houses in Keal Cotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keal Cotes, and where THE POPULARS lies on this distribution: 57% of detached houses houses are smaller than THE POPULARS, and 43% of houses are larger. Note that EPC data is not available for all properties in Keal Cotes.

THE POPULARS: Plot and Title Map

THE POPULARS sits on a plot of roughly 0.259 of an acre, or 1,048m². The below map shows the location of THE POPULARS, 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 POPULARS). 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 POPULARS?

THE POPULARS is located on FEN ROAD in KEAL COTES, in the PE23 postcode district. The below map shows the position of THE POPULARS on FEN ROAD.