KINGS LEA, SOUTH ROAD, TETFORD, HORNCASTLE, LN9 6QB - £247,000

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.

KINGS LEA is a midsized extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £368,739. It was last sold for £247,000 in November 2015, which was around 29% above the average November 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

KINGS LEA Sold Prices

Land registry data shows three sales for KINGS LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three KINGS LEA 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
2015 19 NOV	£247,000	£190,829	29% above HPI
2002 9 OCT	£175,000	£116,353	50% above HPI
2001 6 AUG	£145,000	£84,846	71% above HPI

KINGS LEA 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 three KINGS LEA sales between August 2001 and November 2015 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 October 2002 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might KINGS LEA be worth now?

KINGS LEA might now be worth an estimated £368,739.

This is based on house price inflation of 49.3%, between November 2015 and March 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 49.3% inflationary increase is applied to the most recent sale price for KINGS LEA of £247,000 on 19th November 2015. For the value to have increased from £247,000 to £368,739 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of KINGS LEA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2015 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of KINGS LEA has not materially changed since November 2015.

How Large is KINGS LEA?

KINGS LEA is 146m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tetford, and where KINGS LEA lies on this distribution: 59% of detached houses houses are smaller than KINGS LEA, and 39% of houses are larger. Note that EPC data is not available for all properties in Tetford.

KINGS LEA: Plot and Title Map

KINGS LEA sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of KINGS LEA, 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 KINGS LEA). 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 KINGS LEA?

KINGS LEA is located on SOUTH ROAD in TETFORD, in the LN9 postcode district. The below map shows the position of KINGS LEA on SOUTH ROAD.