2, NAVIGATION LANE, CAISTOR, MARKET RASEN, LN7 6NH - £265,000

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 NAVIGATION LANE is a small extended detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £325,884. It was last sold for £265,000 in October 2020, which was around 12% above the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 NAVIGATION LANE Sold Prices

Land registry data shows three sales for 2 NAVIGATION LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 2 NAVIGATION LANE sales were for above the average price, whilst one was 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
2020 16 OCT	£265,000	£236,726	12% above HPI
2016 19 AUG	£214,500	£205,407	4% above HPI
1996 25 OCT	£40,000	£63,713	37% below HPI

2 NAVIGATION LANE 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 three 2 NAVIGATION LANE sales between October 1996 and October 2020 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 2 NAVIGATION LANE be worth now?

2 NAVIGATION LANE might now be worth an estimated £325,884.

This is based on house price inflation of 23%, between October 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 2 NAVIGATION LANE of £265,000 on 16th October 2020. For the value to have increased from £265,000 to £325,884 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 NAVIGATION LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NAVIGATION LANE has not materially changed since October 2020.

How Large is 2 NAVIGATION LANE?

2 NAVIGATION LANE is 104m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caistor, and where 2 NAVIGATION LANE lies on this distribution: 36% of detached houses houses are smaller than 2 NAVIGATION LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Caistor.

2 NAVIGATION LANE: Plot and Title Map

2 NAVIGATION LANE sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of 2 NAVIGATION LANE, 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 NAVIGATION LANE). 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 NAVIGATION LANE?

2 NAVIGATION LANE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 2 on NAVIGATION LANE.