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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WESTFIELD AVENUE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £263,147. It was last sold for £75,000 in May 2001, which was around 10% 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	£82,971	10% below HPI
1998 3 APR	£64,000	£68,129	6% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2001 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 WESTFIELD AVENUE be worth now?

2 WESTFIELD AVENUE might now be worth an estimated £263,147.

This is based on house price inflation of 250.9%, between May 2001 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 250.9% inflationary increase is applied to the most recent sale price for 2 WESTFIELD AVENUE of £75,000 on 23rd May 2001. For the value to have increased from £75,000 to £263,147 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WESTFIELD AVENUE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2001 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WESTFIELD AVENUE has not materially changed since May 2001.

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 houses in North Greetwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Greetwell, and where 2 WESTFIELD AVENUE lies on this distribution: 11% of detached houses houses are smaller than 2 WESTFIELD AVENUE, and 86% 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.