4, TENNYSON WAY, SPILSBY, PE23 5GH - £219,000

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.

4 TENNYSON WAY is a small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £250,280. It was last sold for £219,000 in September 2021, which was around 12% below the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

4 TENNYSON WAY Sold Prices

Land registry data shows four sales for 4 TENNYSON WAY 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 4 TENNYSON WAY 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
2021 30 SEP	£219,000	£249,278	12% below HPI
2016 6 DEC	£163,500	£200,244	18% below HPI
2014 29 MAY	£144,000	£174,953	18% below HPI
2005 30 MAR	£139,950	£165,413	15% below HPI

4 TENNYSON WAY 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 4 TENNYSON WAY sales between March 2005 and September 2021 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 December 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 TENNYSON WAY be worth now?

4 TENNYSON WAY might now be worth an estimated £250,280.

This is based on house price inflation of 14.3%, between September 2021 and March 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 14.3% inflationary increase is applied to the most recent sale price for 4 TENNYSON WAY of £219,000 on 30th September 2021. For the value to have increased from £219,000 to £250,280 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 4 TENNYSON WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2021 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TENNYSON WAY has not materially changed since September 2021.

How Large is 4 TENNYSON WAY?

4 TENNYSON WAY is 77m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 30% of detached houses houses in Spilsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spilsby, and where 4 TENNYSON WAY lies on this distribution: 23% of detached houses houses are smaller than 4 TENNYSON WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Spilsby.

4 TENNYSON WAY: Plot and Title Map

4 TENNYSON WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 4 TENNYSON WAY, 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 4 TENNYSON WAY). 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 4 TENNYSON WAY?

4 TENNYSON WAY is located in SPILSBY, in the PE23 postcode district. The below map shows the position of No. 4 on TENNYSON WAY.