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 WALNUT GARTH is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £177,500 in January 2012, which was around 2% below the average January 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 2 WALNUT GARTH since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 2 WALNUT GARTH 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 |
---|---|---|---|
2012 27 JAN | £177,500 | £181,378 | 2% below HPI |
1998 3 AUG | £85,000 | £71,439 | 19% above HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 WALNUT GARTH sales from August 1998 and January 2012 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 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
2 WALNUT GARTH is 97m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 2 WALNUT GARTH lies on this distribution: 30% of detached houses are smaller than 2 WALNUT GARTH, and 70% of houses are larger. Note that EPC data is not available for all properties in Reepham.
2 WALNUT GARTH sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 WALNUT GARTH, 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 WALNUT GARTH). 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.
2 WALNUT GARTH is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 2 on WALNUT GARTH.