WOOD DRIVE BUNGALOW, THORPE ROAD, TATTERSHALL THORPE, LINCOLN, LN4 4PE - £115,000

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.

WOOD DRIVE BUNGALOW is a very small detached house of 39m², built sometime between 1950 and 1966, which could now be worth an estimated £177,097. It was last sold for £115,000 in June 2006, which was around 38% below the average June 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was C.

WOOD DRIVE BUNGALOW Sold Prices

Land registry data shows three sales for WOOD DRIVE BUNGALOW 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 WOOD DRIVE BUNGALOW sales were for below 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
2006 27 JUN	£115,000	£185,881	38% below HPI
1996 18 JUN	£37,500	£56,642	34% below HPI
1995 20 OCT	£38,500	£55,172	30% below HPI

WOOD DRIVE BUNGALOW 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 WOOD DRIVE BUNGALOW sales between October 1995 and June 2006 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 June 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2006 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might WOOD DRIVE BUNGALOW be worth now?

WOOD DRIVE BUNGALOW might now be worth an estimated £177,097.

This is based on house price inflation of 54%, between June 2006 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 54% inflationary increase is applied to the most recent sale price for WOOD DRIVE BUNGALOW of £115,000 on 27th June 2006. For the value to have increased from £115,000 to £177,097 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of WOOD DRIVE BUNGALOW has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2006 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD DRIVE BUNGALOW has not materially changed since June 2006.

How Large is WOOD DRIVE BUNGALOW?

WOOD DRIVE BUNGALOW is 39m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Tattershall Thorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tattershall Thorpe, and where WOOD DRIVE BUNGALOW lies on this distribution: Less than 1% of detached houses houses are smaller than WOOD DRIVE BUNGALOW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Tattershall Thorpe.

WOOD DRIVE BUNGALOW: Plot and Title Map

WOOD DRIVE BUNGALOW sits on a plot of roughly 0.236 of an acre, or 957m². The below map shows the location of WOOD DRIVE BUNGALOW, 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 WOOD DRIVE BUNGALOW). 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 WOOD DRIVE BUNGALOW?

WOOD DRIVE BUNGALOW is located on THORPE ROAD in TATTERSHALL THORPE, in the LN4 postcode district. The below map shows the position of WOOD DRIVE BUNGALOW on THORPE ROAD.