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 WESTFIELD AVENUE is a large detached house of 112m², built sometime between 1976 and 1982. It was last sold for £295,000 in November 2020, which was around 25% above the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 WESTFIELD AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 16 WESTFIELD AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2020 2 NOV | £295,000 | £235,136 | 25% above HPI |
2015 17 JUL | £245,000 | £192,441 | 27% above HPI |
2013 17 MAY | £110,000 | £176,784 | 38% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 16 WESTFIELD AVENUE sales between May 2013 and November 2020 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 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
16 WESTFIELD AVENUE is 112m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses in North Greetwell, based on EPC data. The below chart shows the distribution of detached houses by size in North Greetwell, and where 16 WESTFIELD AVENUE lies on this distribution: 60% of detached houses are smaller than 16 WESTFIELD AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in North Greetwell.
16 WESTFIELD AVENUE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 16 WESTFIELD AVENUE, 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 WESTFIELD AVENUE). 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 WESTFIELD AVENUE is located in NORTH GREETWELL, in the LN2 postcode district. The below map shows the position of No. 16 on WESTFIELD AVENUE.