ELANDANE, EAST ROAD, TETFORD, HORNCASTLE, LN9 6QQ - £300,000

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

ELANDANE is a small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £300,000 in September 2021, which was around 22% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

ELANDANE Sold Prices

Land registry data shows two sales for ELANDANE 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 ELANDANE 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
2021 28 SEP	£300,000	£245,698	22% above HPI
2005 9 DEC	£175,000	£170,868	2% above HPI

ELANDANE 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 ELANDANE sales from December 2005 and September 2021 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 December 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is ELANDANE?

ELANDANE is 117m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 ELANDANE lies on this distribution: 35% of detached houses are smaller than ELANDANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Tetford.

ELANDANE: Plot and Title Map

ELANDANE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of ELANDANE, 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 ELANDANE). 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 ELANDANE?

ELANDANE is located on EAST ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of ELANDANE on EAST ROAD.