2, KING STREET, BILLINGHAY, LINCOLN, LN4 4HJ - £160,000

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

2 KING STREET is a very large extended detached house of 192m², built sometime between 1900 and 1929. It was last sold for £160,000 in June 2004, which was around 4% below the average June 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

2 KING STREET Sold Prices

Land registry data shows two sales for 2 KING STREET 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. Both of the two 2 KING STREET 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
2004 1 JUN	£160,000	£166,494	4% below HPI
2001 9 NOV	£74,950	£92,321	19% below HPI

2 KING STREET 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 KING STREET sales from November 2001 and June 2004 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 November 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2004 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 KING STREET?

2 KING STREET is 192m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 2 KING STREET lies on this distribution: 95% of detached houses are smaller than 2 KING STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

2 KING STREET: Plot and Title Map

2 KING STREET sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 KING STREET, 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 KING STREET). 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 KING STREET?

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