2, WALNUT GARTH, REEPHAM, LINCOLN, LN3 4FF - £177,500

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 WALNUT GARTH is a small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £274,827. It was last sold for £177,500 in January 2012, which was around 4% 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.

2 WALNUT GARTH Sold Prices

Land registry data shows two sales for 2 WALNUT GARTH since 1^st 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	£184,018	4% below HPI
1998 3 AUG	£85,000	£72,479	17% above HPI

2 WALNUT GARTH 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 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2012 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 WALNUT GARTH be worth now?

2 WALNUT GARTH might now be worth an estimated £274,827.

This is based on house price inflation of 54.8%, between January 2012 and December 2024, 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 54.8% inflationary increase is applied to the most recent sale price for 2 WALNUT GARTH of £177,500 on 27th January 2012. For the value to have increased from £177,500 to £274,827 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of 2 WALNUT GARTH has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The January 2012 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT GARTH has not materially changed since January 2012.

How Large is 2 WALNUT GARTH?

2 WALNUT GARTH is 97m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reepham, and where 2 WALNUT GARTH lies on this distribution: 30% of detached houses 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: Plot and Title Map

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.

Where is 2 WALNUT GARTH?

2 WALNUT GARTH is located in REEPHAM, in the LN3 postcode district. The below map shows the position of No. 2 on WALNUT GARTH.