4, TOWER PLACE, WOODHALL SPA, LN10 6AG - £387,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 TOWER PLACE is a small detached house of 110m², which could now be worth an estimated £489,969. It was last sold for £387,500 in October 2020, which was around 71% above the average October 2020 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.

4 TOWER PLACE Sold Prices

Land registry data shows two sales for 4 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 4 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
2020 22 OCT	£387,500	£226,387	71% above HPI
2016 25 JAN	£290,000	£191,769	51% above HPI

4 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 4 TOWER PLACE sales from January 2016 and October 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 January 2016 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2020 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 4 TOWER PLACE be worth now?

4 TOWER PLACE might now be worth an estimated £489,969.

This is based on house price inflation of 26.4%, between October 2020 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 4 TOWER PLACE of £387,500 on 22nd October 2020. For the value to have increased from £387,500 to £489,969 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 TOWER PLACE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 4 TOWER PLACE has not materially changed since October 2020.

How Large is 4 TOWER PLACE?

4 TOWER PLACE is 110m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 4 TOWER PLACE lies on this distribution: 39% of detached houses houses are smaller than 4 TOWER PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

4 TOWER PLACE: Plot and Title Map

4 TOWER PLACE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 4 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 4 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 4 TOWER PLACE?

4 TOWER PLACE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 4 on TOWER PLACE.