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 PINFOLD LANE is a very small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £250,000 in February 2024, which was around 17% below the average February 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 16 PINFOLD LANE since 1st 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 PINFOLD LANE 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 |
---|---|---|---|
2024 29 FEB | £250,000 | £299,872 | 17% below HPI |
2016 22 AUG | £150,000 | £226,354 | 34% below HPI |
2002 3 MAY | £82,000 | £101,539 | 19% below HPI |
2000 10 NOV | £59,950 | £80,558 | 26% below HPI |
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 PINFOLD LANE sales between November 2000 and February 2024 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 August 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
16 PINFOLD LANE is 78m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Walcott, based on EPC data. The below chart shows the distribution of detached houses by size in Walcott, and where 16 PINFOLD LANE lies on this distribution: 13% of detached houses are smaller than 16 PINFOLD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Walcott.
16 PINFOLD LANE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 16 PINFOLD LANE, 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 PINFOLD LANE). 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 PINFOLD LANE is located in WALCOTT, in the LN4 postcode district. The below map shows the position of No. 16 on PINFOLD LANE.