15, FORTESCUE CLOSE, TATTERSHALL, LINCOLN, LN4 4LN - £227,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 FORTESCUE CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £232,399. It was last sold for £227,500 in July 2022, which was around 18% below the average July 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

15 FORTESCUE CLOSE Sold Prices

Land registry data shows two sales for 15 FORTESCUE CLOSE 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 15 FORTESCUE CLOSE 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
2022 1 JUL	£227,500	£278,887	18% below HPI
2019 29 NOV	£152,500	£228,762	33% below HPI

15 FORTESCUE CLOSE 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 15 FORTESCUE CLOSE sales from November 2019 and July 2022 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 FORTESCUE CLOSE be worth now?

15 FORTESCUE CLOSE might now be worth an estimated £232,399.

This is based on house price inflation of 2.2%, between July 2022 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for 15 FORTESCUE CLOSE of £227,500 on 1st July 2022. For the value to have increased from £227,500 to £232,399 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 15 FORTESCUE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2022 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 15 FORTESCUE CLOSE has not materially changed since July 2022.

How Large is 15 FORTESCUE CLOSE?

15 FORTESCUE CLOSE is 70m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses houses in Tattershall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tattershall, and where 15 FORTESCUE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 15 FORTESCUE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tattershall.

15 FORTESCUE CLOSE: Plot and Title Map

15 FORTESCUE CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 15 FORTESCUE CLOSE, 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 15 FORTESCUE CLOSE). 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 15 FORTESCUE CLOSE?

15 FORTESCUE CLOSE is located in TATTERSHALL, in the LN4 postcode district. The below map shows the position of No. 15 on FORTESCUE CLOSE.