4, TASMAN ROAD, SPILSBY, PE23 5LN - £230,000

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

4 TASMAN ROAD is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £230,000 in February 2024, which was around 14% below the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

4 TASMAN ROAD Sold Prices

Land registry data shows two sales for 4 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 4 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
2024 28 FEB	£230,000	£267,411	14% below HPI
2020 11 DEC	£162,000	£233,083	30% below HPI

4 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 4 TASMAN ROAD sales from December 2020 and February 2024 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 December 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 TASMAN ROAD?

4 TASMAN ROAD is 86m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 4 TASMAN ROAD lies on this distribution: 33% of detached houses are smaller than 4 TASMAN ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

4 TASMAN ROAD: Plot and Title Map

4 TASMAN ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 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 4 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 4 TASMAN ROAD?

4 TASMAN ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 4 on TASMAN ROAD.