ASHFALLS, CHAPEL LANE, TATTERSHALL THORPE, LINCOLN, LN4 4PG - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ASHFALLS is a very small extended detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £199,160. It was last sold for £200,000 in August 2023, which was around 30% below the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

ASHFALLS Sold Prices

Land registry data shows two sales for ASHFALLS 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 ASHFALLS 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
2023 17 AUG	£200,000	£286,093	30% below HPI
1997 20 NOV	£60,000	£61,843	3% below HPI

ASHFALLS 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 ASHFALLS sales from November 1997 and August 2023 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 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might ASHFALLS be worth now?

ASHFALLS might now be worth an estimated £199,160.

This is based on house price deflation of 0.4%, between August 2023 and December 2024, 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 0.4% deflationary decrease is applied to the most recent sale price for ASHFALLS of £200,000 on 17th August 2023. For the value to have decreased from £200,000 to £199,160 over the eight months to December 2024, the following assumptions must hold true:

• The value of ASHFALLS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of ASHFALLS has not materially changed since August 2023.

How Large is ASHFALLS?

ASHFALLS is 75m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses houses in Tattershall Thorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tattershall Thorpe, and where ASHFALLS lies on this distribution: 3% of detached houses houses are smaller than ASHFALLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Tattershall Thorpe.

ASHFALLS: Plot and Title Map

ASHFALLS sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of ASHFALLS, 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 ASHFALLS). 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 ASHFALLS?

ASHFALLS is located on CHAPEL LANE in TATTERSHALL THORPE, in the LN4 postcode district. The below map shows the position of ASHFALLS on CHAPEL LANE.