16, TASMAN ROAD, SPILSBY, PE23 5LN - £225,000

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.

16 TASMAN ROAD is a large detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £276,447. It was last sold for £225,000 in November 2020, which was around 3% below the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

16 TASMAN ROAD Sold Prices

Land registry data shows two sales for 16 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 16 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
2020 20 NOV	£225,000	£232,980	3% below HPI
2015 27 MAR	£165,000	£177,002	7% below HPI

16 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 16 TASMAN ROAD sales from March 2015 and November 2020 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 March 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 TASMAN ROAD be worth now?

16 TASMAN ROAD might now be worth an estimated £276,447.

This is based on house price inflation of 22.9%, between November 2020 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 22.9% inflationary increase is applied to the most recent sale price for 16 TASMAN ROAD of £225,000 on 20th November 2020. For the value to have increased from £225,000 to £276,447 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 TASMAN ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TASMAN ROAD has not materially changed since November 2020.

How Large is 16 TASMAN ROAD?

16 TASMAN ROAD is 110m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% 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 16 TASMAN ROAD lies on this distribution: 64% of detached houses houses are smaller than 16 TASMAN ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

16 TASMAN ROAD: Plot and Title Map

16 TASMAN ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 16 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 16 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 16 TASMAN ROAD?

16 TASMAN ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 16 on TASMAN ROAD.