10, BUTT LANE, WALCOTT, LINCOLN, LN4 3SS - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 BUTT LANE is a large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £320,000 in March 2021, which was around 17% above the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

10 BUTT LANE Sold Prices

Land registry data shows four sales for 10 BUTT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 10 BUTT LANE 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
2021 16 MAR	£320,000	£272,889	17% above HPI
2019 19 NOV	£287,500	£258,911	11% above HPI
2016 29 APR	£264,000	£218,920	21% above HPI
1997 7 MAR	£48,000	£63,825	25% below HPI

10 BUTT LANE 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 four 10 BUTT LANE sales between March 1997 and March 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 November 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 10 BUTT LANE?

10 BUTT LANE is 159m², which includes three extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 10 BUTT LANE lies on this distribution: 67% of detached houses are smaller than 10 BUTT LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Walcott.

10 BUTT LANE: Plot and Title Map

10 BUTT LANE sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of 10 BUTT LANE, 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 10 BUTT LANE). 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 10 BUTT LANE?

10 BUTT LANE is located in WALCOTT, in the LN4 postcode district. The below map shows the position of No. 10 on BUTT LANE.