7, TAVERN WAY, WILLOUGHBY, ALFORD, LN13 9NY - £150,000

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.

7 TAVERN WAY is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £245,425. It was last sold for £150,000 in May 2014, which was around 14% below the average May 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

7 TAVERN WAY Sold Prices

Land registry data shows two sales for 7 TAVERN WAY 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. One of the two 7 TAVERN WAY sales was for below the average price, whilst the other was 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
2014 20 MAY	£150,000	£174,953	14% below HPI
1998 7 APR	£67,000	£61,247	9% above HPI

7 TAVERN 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 two 7 TAVERN WAY sales from April 1998 and May 2014 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 April 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 TAVERN WAY be worth now?

7 TAVERN WAY might now be worth an estimated £245,425.

This is based on house price inflation of 63.6%, between May 2014 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 63.6% inflationary increase is applied to the most recent sale price for 7 TAVERN WAY of £150,000 on 20th May 2014. For the value to have increased from £150,000 to £245,425 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 7 TAVERN WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TAVERN WAY has not materially changed since May 2014.

How Large is 7 TAVERN WAY?

7 TAVERN WAY is 121m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 40% of detached houses houses in Willoughby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willoughby, and where 7 TAVERN WAY lies on this distribution: 68% of detached houses houses are smaller than 7 TAVERN WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Willoughby.

7 TAVERN WAY: Plot and Title Map

7 TAVERN WAY sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 7 TAVERN 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 7 TAVERN 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 7 TAVERN WAY?

7 TAVERN WAY is located in WILLOUGHBY, in the LN13 postcode district. The below map shows the position of No. 7 on TAVERN WAY.