THE MAPLES, SOUTH ROAD, TETFORD, HORNCASTLE, LN9 6QB - £450,000

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

THE MAPLES is a large extended detached house of 161m², built sometime between 1983 and 1990. It was last sold for £450,000 in July 2023, which was around 64% above the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

THE MAPLES Sold Prices

Land registry data shows four sales for THE MAPLES 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 THE MAPLES 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
2023 14 JUL	£450,000	£275,032	64% above HPI
2018 19 OCT	£320,000	£218,755	46% above HPI
2010 25 FEB	£270,000	£165,476	63% above HPI
1999 29 JUN	£125,000	£66,527	88% above HPI

THE MAPLES 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 THE MAPLES sales between June 1999 and July 2023 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 2018 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2023 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is THE MAPLES?

THE MAPLES is 161m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Tetford, based on EPC data. The below chart shows the distribution of detached houses by size in Tetford, and where THE MAPLES lies on this distribution: 70% of detached houses are smaller than THE MAPLES, and 29% of houses are larger. Note that EPC data is not available for all properties in Tetford.

THE MAPLES: Plot and Title Map

THE MAPLES sits on a plot of roughly 0.326 of an acre, or 1,317m². The below map shows the location of THE MAPLES, 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 THE MAPLES). 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 THE MAPLES?

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