12, CARRES SQUARE, BILLINGHAY, LINCOLN, LN4 4EL - £175,000

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.

12 CARRES SQUARE is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £207,404. It was last sold for £175,000 in December 2019, which was around 31% below the average December 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

12 CARRES SQUARE Sold Prices

Land registry data shows two sales for 12 CARRES 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 12 CARRES 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 18 DEC	£175,000	£255,449	31% below HPI
2015 27 MAR	£122,500	£196,747	38% below HPI

12 CARRES 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 12 CARRES SQUARE sales from March 2015 and December 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 March 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 12 CARRES SQUARE be worth now?

12 CARRES SQUARE might now be worth an estimated £207,404.

This is based on house price inflation of 18.5%, between December 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 18.5% inflationary increase is applied to the most recent sale price for 12 CARRES SQUARE of £175,000 on 18th December 2019. For the value to have increased from £175,000 to £207,404 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 CARRES SQUARE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CARRES SQUARE has not materially changed since December 2019.

How Large is 12 CARRES SQUARE?

12 CARRES SQUARE is 84m² according to the EPC inspection conducted in April 2014. 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 12 CARRES SQUARE lies on this distribution: 20% of detached houses houses are smaller than 12 CARRES SQUARE, and 79% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

12 CARRES SQUARE: Plot and Title Map

12 CARRES SQUARE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 12 CARRES 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 12 CARRES 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 12 CARRES SQUARE?

12 CARRES SQUARE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 12 on CARRES SQUARE.