CERWOOD, TATTERSHALL ROAD, WOODHALL SPA, LN10 6TL - £140,000

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

CERWOOD is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £140,000 in April 2013, which was around 16% below the average April 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

CERWOOD Sold Prices

Land registry data shows two sales for CERWOOD 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 CERWOOD 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
2013 26 APR	£140,000	£167,657	16% below HPI
2008 21 NOV	£140,000	£170,004	18% below HPI

CERWOOD 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 CERWOOD sales from November 2008 and April 2013 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 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is CERWOOD?

CERWOOD is 89m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% 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 CERWOOD lies on this distribution: 17% of detached houses are smaller than CERWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

CERWOOD: Plot and Title Map

CERWOOD sits on a plot of roughly 0.323 of an acre, or 1,306m². The below map shows the location of CERWOOD, 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 CERWOOD). 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 CERWOOD?

CERWOOD is located on TATTERSHALL ROAD in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of CERWOOD on TATTERSHALL ROAD.