2, WESTFIELD AVENUE, NORTH GREETWELL, LINCOLN, LN2 4RD - £75,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WESTFIELD AVENUE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £75,000 in May 2001, which was around 8% below the average May 2001 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

2 WESTFIELD AVENUE Sold Prices

Land registry data shows two sales for 2 WESTFIELD AVENUE 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 WESTFIELD AVENUE 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
2001 23 MAY	£75,000	£81,781	8% below HPI
1998 3 APR	£64,000	£67,151	5% below HPI

2 WESTFIELD AVENUE 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 WESTFIELD AVENUE sales from April 1998 and May 2001 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 April 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2001 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 WESTFIELD AVENUE?

2 WESTFIELD AVENUE is 72m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in North Greetwell, based on EPC data. The below chart shows the distribution of detached houses by size in North Greetwell, and where 2 WESTFIELD AVENUE lies on this distribution: 13% of detached houses are smaller than 2 WESTFIELD AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in North Greetwell.

2 WESTFIELD AVENUE: Plot and Title Map

2 WESTFIELD AVENUE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 2 WESTFIELD AVENUE, 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 WESTFIELD AVENUE). 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 WESTFIELD AVENUE?

2 WESTFIELD AVENUE is located in NORTH GREETWELL, in the LN2 postcode district. The below map shows the position of No. 2 on WESTFIELD AVENUE.