2, HOLMES COURT, NAVENBY, LINCOLN, LN5 0BB - £245,000

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

2 HOLMES COURT is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £245,000 in May 2023, which was around 20% below the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 HOLMES COURT Sold Prices

Land registry data shows four sales for 2 HOLMES COURT since 1^st 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 2 HOLMES COURT 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
2023 18 MAY	£245,000	£306,284	20% below HPI
2021 24 SEP	£186,000	£281,947	34% below HPI
2005 25 NOV	£139,000	£178,849	22% below HPI
1999 20 MAY	£44,950	£69,345	35% below HPI

2 HOLMES COURT 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 four 2 HOLMES COURT sales between May 1999 and May 2023 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 September 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 HOLMES COURT?

2 HOLMES COURT is 62m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 2 HOLMES COURT lies on this distribution: 5% of detached houses are smaller than 2 HOLMES COURT, and 95% of houses are larger. Note that EPC data is not available for all properties in Navenby.

2 HOLMES COURT: Plot and Title Map

2 HOLMES COURT sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 HOLMES COURT, 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 HOLMES COURT). 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 HOLMES COURT?

2 HOLMES COURT is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 2 on HOLMES COURT.