Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
124 WITHAM ROAD is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £368,500 in October 2021, which was around 47% above the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 124 WITHAM ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 124 WITHAM ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 28 OCT | £368,500 | £251,466 | 47% above HPI |
2017 21 FEB | £274,950 | £199,326 | 38% above HPI |
2010 18 JUN | £160,000 | £169,958 | 6% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 124 WITHAM ROAD sales between June 2010 and October 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 February 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
124 WITHAM ROAD is 125m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where 124 WITHAM ROAD lies on this distribution: 55% of detached houses are smaller than 124 WITHAM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.
124 WITHAM ROAD sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 124 WITHAM ROAD, 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 124 WITHAM ROAD). 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.
124 WITHAM ROAD is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 124 on WITHAM ROAD.