13, THE SMOOTING, TEALBY, MARKET RASEN, LN8 3XZ - £302,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

13 THE SMOOTING is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £302,500 in May 2018, which was around 37% above the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

13 THE SMOOTING Sold Prices

Land registry data shows two sales for 13 THE SMOOTING since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 13 THE SMOOTING sales was for above the average price, whilst the other was 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
2018 18 MAY	£302,500	£220,537	37% above HPI
2016 25 NOV	£188,000	£205,472	9% below HPI

13 THE SMOOTING Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 13 THE SMOOTING sales from November 2016 and May 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 November 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 13 THE SMOOTING?

13 THE SMOOTING is 87m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 13 THE SMOOTING lies on this distribution: 9% of detached houses are smaller than 13 THE SMOOTING, and 91% of houses are larger. Note that EPC data is not available for all properties in Tealby.

13 THE SMOOTING: Plot and Title Map

13 THE SMOOTING sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 13 THE SMOOTING, 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 13 THE SMOOTING). 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 13 THE SMOOTING?

13 THE SMOOTING is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 13 on THE SMOOTING.