4, Tower Place
4, Tower Place
Description & Estimates
4, Tower Place, Woodhall Spa is recorded publicly as a modern freehold house across 1,184 ft2 of internal area, sitting on a 702 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Tower Place, Woodhall Spa is £397,606 and its rental estimate is £1,334 per month, given the available information and assuming reasonable condition.
Tower Place, Woodhall Spa, LN10 falls within the LN10 postal district, in the borough of East Lindsey.
Our Data Sources
4, Tower Place, Woodhall Spa has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Tower Place, Woodhall Spa, we estimate a market value of £417,486 and a rental value of £1,401 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £369,773 and £1,241 per month respectively.
Recent Market Change
Over the last year, 4, Tower Place, Woodhall Spa has seen its estimated sale value fall by £10,154 (2.6%) and its estimated rental value move up by £62 per month (4.6%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 4, Tower Place, Woodhall Spa as measuring 702 m2.
That makes it the 13th largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
4, Tower Place, Woodhall Spa has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jan 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Tower Place, Woodhall Spa completed on 22nd October 2020 at £387,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.3% over the period since October 2020.
- Sold Oct 2020£387,500
- Sold Jan 2016£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Tower Place, Woodhall Spa have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2024, was 2, Tower Drive, Woodhall Spa, LN10 6UG, a freehold house which sold for £442,500.
Read more about house prices in LN10.
- Sold Nov 2024£442,500 | 3 Bed House2, Tower Drive, Woodhall Spa, LN10 6UG2, Tower Drive, Woodhall Spa, LN10 6UG
- Sold Nov 2019£275,000 | 3 Bed House53, Horncastle Road, Woodhall Spa, LN10 6UY53, Horncastle Road, Woodhall Spa, LN10 6UY
- Sold May 2019£330,000 | 3 Bed House6, Tower Drive, Woodhall Spa, LN10 6UG6, Tower Drive, Woodhall Spa, LN10 6UG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Tower Place, Woodhall Spa, LN10, 4, Tower Place, Woodhall Spa comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the LN10 district.
More reading links
Schools Nearby
- 2.5kmSt Andrew's CofE Primary School
- 3.3kmThe Kirkby-on-Bain Church of England Primary School
- 5.7kmTattershall Primary School
- 6.1kmThe Barnes Wallis Academy
- 6.9kmThe Banovallum School
- 6.9kmQueen Elizabeth's Grammar School, Horncastle
More reading links
Public Transport Nearby
From 4, Tower Place, Woodhall Spa, the nearest station is Metheringham, 13.9 kilometres away.
- 13.9kmMetheringham
- 18.6kmRuskington
- 21.2kmHubberts Bridge
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
