12, THE COVERT, TATTERSHALL, LINCOLN, LN4 4GN - £129,000

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.

12 THE COVERT is a very small extended terraced house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £165,615. It was last sold for £129,000 in March 2020, which was around 14% above the average March 2020 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

12 THE COVERT Sold Prices

Land registry data shows four sales for 12 THE COVERT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the four 12 THE COVERT 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
2020 20 MAR	£129,000	£112,826	14% above HPI
2017 6 JAN	£119,000	£104,401	14% above HPI
2008 24 OCT	£155,000	£95,816	62% above HPI
2006 19 APR	£109,950	£96,120	14% above HPI

12 THE COVERT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The four 12 THE COVERT sales between April 2006 and March 2020 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 January 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2020 sale, which was also at 14% above the HPI.

What might 12 THE COVERT be worth now?

12 THE COVERT might now be worth an estimated £165,615.

This is based on house price inflation of 28.4%, between March 2020 and May 2026, for terraced 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 28.4% inflationary increase is applied to the most recent sale price for 12 THE COVERT of £129,000 on 20th March 2020. For the value to have increased from £129,000 to £165,615 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 12 THE COVERT has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The March 2020 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE COVERT has not materially changed since March 2020.

How Large is 12 THE COVERT?

12 THE COVERT is 64m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of terraced houses houses in Tattershall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tattershall, and where 12 THE COVERT lies on this distribution: 8% of terraced houses houses are smaller than 12 THE COVERT, and 92% of houses are larger. Note that EPC data is not available for all properties in Tattershall.

12 THE COVERT: Plot and Title Map

12 THE COVERT sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 12 THE COVERT, 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 THE COVERT). 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 THE COVERT?

12 THE COVERT is located in TATTERSHALL, in the LN4 postcode district. The below map shows the position of No. 12 on THE COVERT.