3, TOWER PLACE, WOODHALL SPA, LN10 6AG - £445,000

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

3 TOWER PLACE is a large detached house of 149m². It was last sold for £445,000 in November 2018, which was around 104% above the average November 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.

3 TOWER PLACE Sold Prices

Land registry data shows two sales for 3 TOWER PLACE 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 3 TOWER PLACE 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
2018 6 NOV	£445,000	£217,913	104% above HPI
2016 11 JAN	£345,000	£189,015	83% above HPI

3 TOWER 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 two 3 TOWER PLACE sales from January 2016 and November 2018 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 January 2016 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the November 2018 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 3 TOWER PLACE?

3 TOWER PLACE is 149m² according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 3 TOWER PLACE lies on this distribution: 74% of detached houses are smaller than 3 TOWER PLACE, and 25% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

3 TOWER PLACE: Plot and Title Map

3 TOWER PLACE sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of 3 TOWER 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 3 TOWER 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 3 TOWER PLACE?

3 TOWER PLACE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 3 on TOWER PLACE.