2, MARKET PLACE, TATTERSHALL, LINCOLN, LN4 4LG - £260,000

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

2 MARKET PLACE is a large extended detached house of 143m², built sometime before 1900. It was last sold for £260,000 in December 2020, which was around 12% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

2 MARKET PLACE Sold Prices

Land registry data shows four sales for 2 MARKET PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 2 MARKET PLACE sales were for above the average price, and four 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 8 DEC	£260,000	£233,083	12% above HPI
2013 23 MAY	£182,000	£170,620	7% above HPI
2009 4 DEC	£148,000	£163,724	10% below HPI
1997 24 OCT	£33,000	£61,363	46% below HPI

2 MARKET PLACE 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 four 2 MARKET PLACE sales between October 1997 and December 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 MARKET PLACE?

2 MARKET PLACE is 143m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Tattershall, based on EPC data. The below chart shows the distribution of detached houses by size in Tattershall, and where 2 MARKET PLACE lies on this distribution: 77% of detached houses are smaller than 2 MARKET PLACE, and 23% of houses are larger. Note that EPC data is not available for all properties in Tattershall.

2 MARKET PLACE: Plot and Title Map

2 MARKET PLACE sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of 2 MARKET PLACE, 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 2 MARKET PLACE). 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 2 MARKET PLACE?

2 MARKET PLACE is located in TATTERSHALL, in the LN4 postcode district. The below map shows the position of No. 2 on MARKET PLACE.