2, WATERHILLS COURT, CAISTOR, MARKET RASEN, LN7 6QW - £130,000

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 WATERHILLS COURT is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £193,144. It was last sold for £130,000 in February 2014, which was around 32% below the average February 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 WATERHILLS COURT Sold Prices

Land registry data shows two sales for 2 WATERHILLS COURT 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. Both of the two 2 WATERHILLS COURT 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
2014 6 FEB	£130,000	£191,771	32% below HPI
2006 23 AUG	£117,000	£177,954	34% below HPI

2 WATERHILLS COURT 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 WATERHILLS COURT sales from August 2006 and February 2014 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 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 WATERHILLS COURT be worth now?

2 WATERHILLS COURT might now be worth an estimated £193,144.

This is based on house price inflation of 48.6%, between February 2014 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 48.6% inflationary increase is applied to the most recent sale price for 2 WATERHILLS COURT of £130,000 on 6th February 2014. For the value to have increased from £130,000 to £193,144 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 2 WATERHILLS COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2014 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATERHILLS COURT has not materially changed since February 2014.

How Large is 2 WATERHILLS COURT?

2 WATERHILLS COURT is 91m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% 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 WATERHILLS COURT lies on this distribution: 28% of detached houses houses are smaller than 2 WATERHILLS COURT, and 71% of houses are larger. Note that EPC data is not available for all properties in Caistor.

2 WATERHILLS COURT: Plot and Title Map

2 WATERHILLS COURT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 WATERHILLS COURT, 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 WATERHILLS COURT). 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 WATERHILLS COURT?

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