2, MEADOW WAY, BILLINGHAY, LINCOLN, LN4 4EB - £168,000

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 MEADOW WAY is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £248,025. It was last sold for £168,000 in June 2015, which was around 16% below the average June 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2024, where the current energy rating was B, and the potential energy rating was A.

2 MEADOW WAY Sold Prices

Land registry data shows two sales for 2 MEADOW 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. Both of the two 2 MEADOW WAY 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
2015 26 JUN	£168,000	£199,577	16% below HPI
1996 30 AUG	£52,950	£62,025	15% below HPI

2 MEADOW 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 MEADOW WAY sales from August 1996 and June 2015 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 August 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 MEADOW WAY be worth now?

2 MEADOW WAY might now be worth an estimated £248,025.

This is based on house price inflation of 47.6%, between June 2015 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 47.6% inflationary increase is applied to the most recent sale price for 2 MEADOW WAY of £168,000 on 26th June 2015. For the value to have increased from £168,000 to £248,025 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 2 MEADOW WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2015 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW WAY has not materially changed since June 2015.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 92m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 30% 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 MEADOW WAY lies on this distribution: 28% of detached houses houses are smaller than 2 MEADOW WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW WAY?

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