9, TOWER DRIVE, WOODHALL SPA, LN10 6UG - £490,000

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

9 TOWER DRIVE is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £490,000 in March 2024, which was around 80% above the average March 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

9 TOWER DRIVE Sold Prices

Land registry data shows three sales for 9 TOWER DRIVE 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. All of the three 9 TOWER DRIVE 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
2024 27 MAR	£490,000	£271,732	80% above HPI
2016 12 MAY	£310,000	£191,921	62% above HPI
2012 22 OCT	£239,950	£160,599	49% above HPI

9 TOWER DRIVE 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 9 TOWER DRIVE sales between October 2012 and March 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 May 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2024 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 9 TOWER DRIVE?

9 TOWER DRIVE is 135m² according to the EPC inspection conducted in August 2023. This puts it in the largest 40% 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 9 TOWER DRIVE lies on this distribution: 64% of detached houses are smaller than 9 TOWER DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

9 TOWER DRIVE: Plot and Title Map

9 TOWER DRIVE sits on a plot of roughly 0.404 of an acre, or 1,635m². The below map shows the location of 9 TOWER DRIVE, 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 9 TOWER DRIVE). 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 9 TOWER DRIVE?

9 TOWER DRIVE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 9 on TOWER DRIVE.