19, SPRINGFIELDS, TEALBY, MARKET RASEN, LN8 3XP - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 SPRINGFIELDS is a large extended detached house of 171m², built sometime between 2003 and 2006. It was last sold for £310,000 in July 2008, which was around 69% above the average July 2008 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

19 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 19 SPRINGFIELDS 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. Both of the two 19 SPRINGFIELDS 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
2008 4 JUL	£310,000	£183,667	69% above HPI
2004 11 JUN	£324,700	£165,066	97% above HPI

19 SPRINGFIELDS 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 19 SPRINGFIELDS sales from June 2004 and July 2008 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 June 2004 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the July 2008 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 19 SPRINGFIELDS?

19 SPRINGFIELDS is 171m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 19 SPRINGFIELDS lies on this distribution: 67% of detached houses are smaller than 19 SPRINGFIELDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Tealby.

19 SPRINGFIELDS: Plot and Title Map

19 SPRINGFIELDS sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 19 SPRINGFIELDS, 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 19 SPRINGFIELDS). 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 19 SPRINGFIELDS?

19 SPRINGFIELDS is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 19 on SPRINGFIELDS.