2, CORNFIELD WAY, BILLINGHAY, LINCOLN, LN4 4FA - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CORNFIELD WAY is a small detached house of 95m², which could now be worth an estimated £242,221. It was last sold for £210,000 in December 2019, which was around 18% below the average December 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 CORNFIELD WAY Sold Prices

Land registry data shows two sales for 2 CORNFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 2 CORNFIELD WAY sales was for below the average price, whilst the other 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
2019 6 DEC	£210,000	£255,449	18% below HPI
2018 25 MAY	£600,000	£242,069	148% above HPI

2 CORNFIELD 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 two 2 CORNFIELD WAY sales from May 2018 and December 2019 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 May 2018 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the December 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 CORNFIELD WAY be worth now?

2 CORNFIELD WAY might now be worth an estimated £242,221.

This is based on house price inflation of 15.3%, between December 2019 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 2 CORNFIELD WAY of £210,000 on 6th December 2019. For the value to have increased from £210,000 to £242,221 over the five years to December 2024, the following assumptions must hold true:

• The value of 2 CORNFIELD WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNFIELD WAY has not materially changed since December 2019.

How Large is 2 CORNFIELD WAY?

2 CORNFIELD WAY is 95m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 2 CORNFIELD WAY lies on this distribution: 32% of detached houses houses are smaller than 2 CORNFIELD WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

2 CORNFIELD WAY: Plot and Title Map

2 CORNFIELD WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 CORNFIELD 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 2 CORNFIELD 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 2 CORNFIELD WAY?

2 CORNFIELD WAY is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 2 on CORNFIELD WAY.