18, TASMAN ROAD, SPILSBY, PE23 5LN - £190,000

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

18 TASMAN ROAD is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £190,000 in July 2020, which was around 12% below the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

18 TASMAN ROAD Sold Prices

Land registry data shows two sales for 18 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 18 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 JUL	£190,000	£216,924	12% below HPI
2019 24 MAY	£133,000	£216,678	39% below HPI

18 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 18 TASMAN ROAD sales from May 2019 and July 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 May 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 18 TASMAN ROAD?

18 TASMAN ROAD is 69m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 18 TASMAN ROAD lies on this distribution: 13% of detached houses are smaller than 18 TASMAN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

18 TASMAN ROAD: Plot and Title Map

18 TASMAN ROAD sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 18 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 18 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 18 TASMAN ROAD?

18 TASMAN ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 18 on TASMAN ROAD.