4, TAVERN WAY, WILLOUGHBY, ALFORD, LN13 9NY - £146,000

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 TAVERN WAY is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £146,000 in September 2014, which was around 18% below the average September 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

4 TAVERN WAY Sold Prices

Land registry data shows three sales for 4 TAVERN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 4 TAVERN WAY sales were for below the average price, whilst one was 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
2014 4 SEP	£146,000	£177,757	18% below HPI
2007 1 NOV	£155,000	£188,186	18% below HPI
1996 29 MAR	£58,000	£52,002	12% above HPI

4 TAVERN WAY 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 three 4 TAVERN WAY sales between March 1996 and September 2014 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 November 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2014 sale, which was also at 18% below the HPI.

How Large is 4 TAVERN WAY?

4 TAVERN WAY is 83m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Willoughby, and where 4 TAVERN WAY lies on this distribution: 17% of detached houses are smaller than 4 TAVERN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

4 TAVERN WAY: Plot and Title Map

4 TAVERN WAY sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 4 TAVERN WAY, 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 TAVERN WAY). 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 TAVERN WAY?

4 TAVERN WAY is located in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of No. 4 on TAVERN WAY.