1, TASMAN ROAD, SPILSBY, PE23 5LN - £180,000

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.

1 TASMAN ROAD is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £181,644. It was last sold for £180,000 in October 2024, which was around 37% below the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

1 TASMAN ROAD Sold Prices

Land registry data shows three sales for 1 TASMAN ROAD 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 1 TASMAN ROAD sales were 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
2024 4 OCT	£180,000	£283,662	37% below HPI
2007 1 MAY	£140,500	£188,244	25% below HPI
1995 15 NOV	£30,000	£55,952	46% below HPI

1 TASMAN ROAD 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 1 TASMAN ROAD sales between November 1995 and October 2024 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 TASMAN ROAD be worth now?

1 TASMAN ROAD might now be worth an estimated £181,644.

This is based on house price inflation of 0.9%, between October 2024 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 0.9% inflationary increase is applied to the most recent sale price for 1 TASMAN ROAD of £180,000 on 4th October 2024. For the value to have increased from £180,000 to £181,644 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 TASMAN ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TASMAN ROAD has not materially changed since October 2024.

How Large is 1 TASMAN ROAD?

1 TASMAN ROAD is 60m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spilsby, and where 1 TASMAN ROAD lies on this distribution: 5% of detached houses houses are smaller than 1 TASMAN ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

1 TASMAN ROAD: Plot and Title Map

1 TASMAN ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 1 TASMAN ROAD, 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 1 TASMAN ROAD). 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 1 TASMAN ROAD?

1 TASMAN ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 1 on TASMAN ROAD.