ROSEBANK, SALMONBY ROAD, TETFORD, HORNCASTLE, LN9 6PY - £230,000

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

ROSEBANK is a small detached house of 118m², built sometime between 1996 and 2002. It was last sold for £230,000 in August 2013, which was around 39% above the average August 2013 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.

ROSEBANK Sold Prices

Land registry data shows two sales for ROSEBANK 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 ROSEBANK 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
2013 16 AUG	£230,000	£165,486	39% above HPI
1999 29 SEP	£92,500	£68,475	35% above HPI

ROSEBANK 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 ROSEBANK sales from September 1999 and August 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 September 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2013 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is ROSEBANK?

ROSEBANK is 118m² according to the EPC inspection conducted in May 2013. 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 ROSEBANK lies on this distribution: 38% of detached houses are smaller than ROSEBANK, and 61% of houses are larger. Note that EPC data is not available for all properties in Tetford.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

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