FRANKLYN, TATTERSHALL ROAD, WOODHALL SPA, LN10 6TW - £487,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FRANKLYN is a very large extended detached house of 184m², built sometime between 1930 and 1949, which could now be worth an estimated £629,606. It was last sold for £487,500 in August 2018, which was around 120% above the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

FRANKLYN Sold Prices

Land registry data shows four sales for FRANKLYN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four FRANKLYN 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
2018 15 AUG	£487,500	£221,643	120% above HPI
2013 11 JAN	£375,000	£158,180	137% above HPI
2008 19 MAR	£307,500	£179,210	72% above HPI
1998 24 JUN	£73,000	£63,511	15% above HPI

FRANKLYN 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 four FRANKLYN sales between June 1998 and August 2018 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 January 2013 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the August 2018 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might FRANKLYN be worth now?

FRANKLYN might now be worth an estimated £629,606.

This is based on house price inflation of 29.2%, between August 2018 and February 2025, 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 29.2% inflationary increase is applied to the most recent sale price for FRANKLYN of £487,500 on 15th August 2018. For the value to have increased from £487,500 to £629,606 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of FRANKLYN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2018 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of FRANKLYN has not materially changed since August 2018.

How Large is FRANKLYN?

FRANKLYN is 184m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where FRANKLYN lies on this distribution: 85% of detached houses houses are smaller than FRANKLYN, and 15% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

FRANKLYN: Plot and Title Map

FRANKLYN sits on a plot of roughly 0.300 of an acre, or 1,214m². The below map shows the location of FRANKLYN, 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 FRANKLYN). 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 FRANKLYN?

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