THE RIDINGS, TATTERSHALL ROAD, WOODHALL SPA, LN10 6TP - £270,000

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 RIDINGS is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £270,000 in July 2019, which was around 24% above the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

THE RIDINGS Sold Prices

Land registry data shows two sales for THE RIDINGS 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 THE RIDINGS 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
2019 31 JUL	£270,000	£216,879	24% above HPI
2000 12 JUL	£99,000	£75,156	32% above HPI

THE RIDINGS 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 THE RIDINGS sales from July 2000 and July 2019 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 July 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is THE RIDINGS?

THE RIDINGS is 131m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where THE RIDINGS lies on this distribution: 60% of detached houses are smaller than THE RIDINGS, and 39% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

THE RIDINGS: Plot and Title Map

THE RIDINGS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of THE RIDINGS, 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 RIDINGS). 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 RIDINGS?

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