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

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.

10 BUTT LANE is a large extended detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £359,570. It was last sold for £320,000 in March 2021, which was around 19% 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	£269,432	19% above HPI
2019 19 NOV	£287,500	£255,632	12% above HPI
2016 29 APR	£264,000	£216,147	22% above HPI
1997 7 MAR	£48,000	£63,016	24% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 10 BUTT LANE be worth now?

10 BUTT LANE might now be worth an estimated £359,570.

This is based on house price inflation of 12.4%, between March 2021 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 12.4% inflationary increase is applied to the most recent sale price for 10 BUTT LANE of £320,000 on 16th March 2021. For the value to have increased from £320,000 to £359,570 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 10 BUTT LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 10 BUTT LANE has not materially changed since March 2021.

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 houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walcott, and where 10 BUTT LANE lies on this distribution: 66% of detached houses houses are smaller than 10 BUTT LANE, and 34% 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 0.170 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.