14, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £220,000

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

14 NEWBOLT CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £220,000 in December 2022, which was around 24% below the average December 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

14 NEWBOLT CLOSE Sold Prices

Land registry data shows three sales for 14 NEWBOLT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 14 NEWBOLT CLOSE 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
2022 2 DEC	£220,000	£289,818	24% below HPI
2016 1 APR	£120,000	£192,407	38% below HPI
1996 6 AUG	£48,000	£62,150	23% below HPI

14 NEWBOLT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 14 NEWBOLT CLOSE sales between August 1996 and December 2022 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 April 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 NEWBOLT CLOSE?

14 NEWBOLT CLOSE is 75m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 14 NEWBOLT CLOSE lies on this distribution: 10% of detached houses are smaller than 14 NEWBOLT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Caistor.

14 NEWBOLT CLOSE: Plot and Title Map

14 NEWBOLT CLOSE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 14 NEWBOLT CLOSE, 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 14 NEWBOLT CLOSE). 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 14 NEWBOLT CLOSE?

14 NEWBOLT CLOSE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 14 on NEWBOLT CLOSE.