7, TAVERN WAY, WILLOUGHBY, ALFORD, LN13 9NY - £150,000

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

7 TAVERN WAY is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £150,000 in May 2014, which was around 13% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

7 TAVERN WAY Sold Prices

Land registry data shows two sales for 7 TAVERN WAY 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. One of the two 7 TAVERN WAY sales was for below the average price, whilst the other 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 20 MAY	£150,000	£172,441	13% below HPI
1998 7 APR	£67,000	£60,367	11% above HPI

7 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 two 7 TAVERN WAY sales from April 1998 and May 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 April 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 TAVERN WAY?

7 TAVERN WAY is 121m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of detached houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses by size in Willoughby, and where 7 TAVERN WAY lies on this distribution: 68% of detached houses are smaller than 7 TAVERN WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

7 TAVERN WAY: Plot and Title Map

7 TAVERN WAY sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 7 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 7 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 7 TAVERN WAY?

7 TAVERN WAY is located in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of No. 7 on TAVERN WAY.