15, MEADOW WAY, BILLINGHAY, LINCOLN, LN4 4EB - £176,000

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

15 MEADOW WAY is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £176,000 in December 2022, which was around 45% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 MEADOW WAY Sold Prices

Land registry data shows three sales for 15 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 15 MEADOW WAY 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 19 DEC	£176,000	£319,772	45% below HPI
2001 19 JUL	£52,950	£85,820	38% below HPI
1997 18 DEC	£46,000	£66,607	31% below HPI

15 MEADOW WAY 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 three 15 MEADOW WAY sales between December 1997 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 July 2001 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 falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 15 MEADOW WAY?

15 MEADOW WAY is 59m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 15 MEADOW WAY lies on this distribution: 1% of detached houses are smaller than 15 MEADOW WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

15 MEADOW WAY: Plot and Title Map

15 MEADOW WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 15 MEADOW WAY, 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 15 MEADOW WAY). 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 15 MEADOW WAY?

15 MEADOW WAY is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 15 on MEADOW WAY.