16, EAST ROAD, NAVENBY, LINCOLN, LN5 0EP - £215,000

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

16 EAST ROAD is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £215,000 in October 2021, which was around 25% below the average October 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

16 EAST ROAD Sold Prices

Land registry data shows four sales for 16 EAST ROAD 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. All of the four 16 EAST ROAD 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
2021 7 OCT	£215,000	£285,623	25% below HPI
2012 16 MAR	£169,000	£175,684	4% below HPI
2010 18 NOV	£58,000	£187,976	69% below HPI
2008 26 JUN	£175,000	£191,692	9% below HPI

16 EAST ROAD 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 16 EAST ROAD sales between June 2008 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 March 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 EAST ROAD?

16 EAST ROAD is 57m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 16 EAST ROAD lies on this distribution: 3% of detached houses are smaller than 16 EAST ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Navenby.

16 EAST ROAD: Plot and Title Map

16 EAST ROAD sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 16 EAST 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 16 EAST 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.

Where is 16 EAST ROAD?

16 EAST ROAD is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 16 on EAST ROAD.