1, TASMAN ROAD, SPILSBY, PE23 5LN - £140,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 TASMAN ROAD is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £140,500 in May 2007, which was around 24% below the average May 2007 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 two sales for 1 TASMAN ROAD 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. Both of the two 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
2007 1 MAY	£140,500	£185,541	24% below HPI
1995 15 NOV	£30,000	£55,148	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 two 1 TASMAN ROAD sales from November 1995 and May 2007 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 November 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2007 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 1 TASMAN ROAD lies on this distribution: 5% of detached 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.