18, HEATH ROAD, NETTLEHAM, LINCOLN, LN2 2XZ - £315,000

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

18 HEATH ROAD is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £315,000 in September 2021, which was around 25% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

18 HEATH ROAD Sold Prices

Land registry data shows four sales for 18 HEATH 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 West Lindsey local authority area for the corresponding sale date. All of the four 18 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
2021 2 SEP	£315,000	£252,547	25% above HPI
2019 4 DEC	£270,000	£224,429	20% above HPI
2005 22 JUN	£181,000	£174,136	4% above HPI
1995 16 JUN	£73,300	£62,896	17% above HPI

18 HEATH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 18 HEATH ROAD sales between June 1995 and September 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 December 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 18 HEATH ROAD?

18 HEATH ROAD is 108m² according to the EPC inspection conducted in September 2019. 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 18 HEATH ROAD lies on this distribution: 44% of detached houses are smaller than 18 HEATH ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

18 HEATH ROAD: Plot and Title Map

18 HEATH ROAD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 18 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 18 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.

Where is 18 HEATH ROAD?

18 HEATH ROAD is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 18 on HEATH ROAD.