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
16 HEATH ROAD is a midsized extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £342,000 in September 2023, which was around 22% above the average September 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 16 HEATH ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 16 HEATH ROAD sales were for above 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 |
---|---|---|---|
2023 29 SEP | £342,000 | £280,927 | 22% above HPI |
2001 16 OCT | £106,000 | £87,009 | 22% above HPI |
1997 27 OCT | £85,000 | £69,618 | 22% above HPI |
1996 20 DEC | £76,000 | £64,025 | 19% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 16 HEATH ROAD sales between December 1996 and September 2023 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 October 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2023 sale, which was also at 22% above the HPI.
16 HEATH ROAD is 105m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 16 HEATH ROAD lies on this distribution: 42% of detached houses are smaller than 16 HEATH ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Nettleham.
16 HEATH ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 HEATH 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 HEATH 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.
16 HEATH ROAD is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 16 on HEATH ROAD.