CASTCLIFFE LODGE, SALMONBY ROAD, TETFORD, HORNCASTLE, LN9 6PY - £220,000

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

CASTCLIFFE LODGE is a midsized extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2014, which was around 26% above the average August 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

CASTCLIFFE LODGE Sold Prices

Land registry data shows two sales for CASTCLIFFE LODGE 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 CASTCLIFFE LODGE 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
2014 22 AUG	£220,000	£174,797	26% above HPI
1999 6 AUG	£85,000	£67,835	25% above HPI

CASTCLIFFE LODGE 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 CASTCLIFFE LODGE sales from August 1999 and August 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 August 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2014 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is CASTCLIFFE LODGE?

CASTCLIFFE LODGE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses by size in Tetford, and where CASTCLIFFE LODGE lies on this distribution: 59% of detached houses are smaller than CASTCLIFFE LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Tetford.

CASTCLIFFE LODGE: Plot and Title Map

CASTCLIFFE LODGE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of CASTCLIFFE LODGE, 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 CASTCLIFFE LODGE). 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 CASTCLIFFE LODGE?

CASTCLIFFE LODGE is located on SALMONBY ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of CASTCLIFFE LODGE on SALMONBY ROAD.