12, TOWER PLACE, WOODHALL SPA, LN10 6AG - £392,000

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.

12 TOWER PLACE is a midsized detached house of 129m², which could now be worth an estimated £475,186. It was last sold for £392,000 in April 2021, which was around 66% above the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.

12 TOWER PLACE Sold Prices

Land registry data shows three sales for 12 TOWER PLACE 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 12 TOWER PLACE 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
2021 1 APR	£392,000	£236,141	66% above HPI
2019 15 NOV	£350,000	£228,762	53% above HPI
2018 31 JAN	£715,000	£212,742	236% above HPI

12 TOWER PLACE 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 12 TOWER PLACE sales between January 2018 and April 2021 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 2019 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 12 TOWER PLACE be worth now?

12 TOWER PLACE might now be worth an estimated £475,186.

This is based on house price inflation of 21.2%, between April 2021 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 21.2% inflationary increase is applied to the most recent sale price for 12 TOWER PLACE of £392,000 on 1st April 2021. For the value to have increased from £392,000 to £475,186 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 12 TOWER PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2021 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TOWER PLACE has not materially changed since April 2021.

How Large is 12 TOWER PLACE?

12 TOWER PLACE is 129m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 12 TOWER PLACE lies on this distribution: 59% of detached houses houses are smaller than 12 TOWER PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

12 TOWER PLACE: Plot and Title Map

12 TOWER PLACE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 12 TOWER PLACE, 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 12 TOWER PLACE). 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 12 TOWER PLACE?

12 TOWER PLACE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 12 on TOWER PLACE.