1, PRINCESS SQUARE, BILLINGHAY, LINCOLN, LN4 4EJ - £196,000

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.

1 PRINCESS SQUARE is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £237,760. It was last sold for £196,000 in March 2019, which was around 21% below the average March 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

1 PRINCESS SQUARE Sold Prices

Land registry data shows two sales for 1 PRINCESS SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 PRINCESS SQUARE 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 28 MAR	£196,000	£249,574	21% below HPI
2004 8 OCT	£143,000	£167,970	15% below HPI

1 PRINCESS SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 1 PRINCESS SQUARE sales from October 2004 and March 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 October 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 PRINCESS SQUARE be worth now?

1 PRINCESS SQUARE might now be worth an estimated £237,760.

This is based on house price inflation of 21.3%, between March 2019 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 1 PRINCESS SQUARE of £196,000 on 28th March 2019. For the value to have increased from £196,000 to £237,760 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 PRINCESS SQUARE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2019 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRINCESS SQUARE has not materially changed since March 2019.

How Large is 1 PRINCESS SQUARE?

1 PRINCESS SQUARE is 86m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 1 PRINCESS SQUARE lies on this distribution: 22% of detached houses houses are smaller than 1 PRINCESS SQUARE, and 77% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

1 PRINCESS SQUARE: Plot and Title Map

1 PRINCESS SQUARE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 1 PRINCESS SQUARE, 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 1 PRINCESS SQUARE). 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 1 PRINCESS SQUARE?

1 PRINCESS SQUARE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 1 on PRINCESS SQUARE.