12, TASMAN ROAD, SPILSBY, PE23 5LN - £165,000

12 TASMAN ROAD is a midsized detached house of 99m², built sometime between 1991 and 1995. It was last sold for £165,000 in November 2019, which was around 27% below the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

12 TASMAN ROAD Sold Prices

Land registry data shows four sales for 12 TASMAN ROAD 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 12 TASMAN ROAD 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
2019 11 NOV	£165,000	£225,476	27% below HPI
2007 14 MAY	£160,000	£185,541	14% below HPI
2003 25 JUN	£110,500	£133,913	17% below HPI
1998 7 APR	£47,000	£60,367	22% below HPI

12 TASMAN ROAD 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 12 TASMAN ROAD sales between April 1998 and November 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 May 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 TASMAN ROAD?

12 TASMAN ROAD is 99m² according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Spilsby, and where 12 TASMAN ROAD lies on this distribution: 54% of detached houses are smaller than 12 TASMAN ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

12 TASMAN ROAD: Plot and Title Map

12 TASMAN ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 TASMAN ROAD, 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 12 TASMAN ROAD). 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 12 TASMAN ROAD?

12 TASMAN ROAD is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 12 on TASMAN ROAD.