16, MEADOW WAY, BILLINGHAY, LINCOLN, LN4 4EB - £167,500

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 MEADOW WAY is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £167,500 in June 2014, which was around 15% below the average June 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

16 MEADOW WAY Sold Prices

Land registry data shows three sales for 16 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. Two of the three 16 MEADOW WAY sales were for below the average price, whilst one was 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
2014 23 JUN	£167,500	£197,218	15% below HPI
1999 28 APR	£73,250	£69,804	5% above HPI
1996 16 SEP	£52,950	£62,929	16% below HPI

16 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 16 MEADOW WAY sales between September 1996 and June 2014 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 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 MEADOW WAY?

16 MEADOW WAY is 87m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 16 MEADOW WAY lies on this distribution: 23% of detached houses are smaller than 16 MEADOW WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

16 MEADOW WAY: Plot and Title Map

16 MEADOW WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 16 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 16 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 16 MEADOW WAY?

16 MEADOW WAY is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 16 on MEADOW WAY.