20, WEST BANK, SAXILBY, LINCOLN, LN1 2LU - £148,500

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

20 WEST BANK is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £211,706. It was last sold for £148,500 in December 2015, which was around 26% below the average December 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was C.

20 WEST BANK Sold Prices

Land registry data shows three sales for 20 WEST BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 20 WEST BANK 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
2015 7 DEC	£148,500	£199,855	26% below HPI
2008 5 DEC	£115,000	£179,492	36% below HPI
1998 30 OCT	£52,950	£71,171	26% below HPI

20 WEST BANK 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 three 20 WEST BANK sales between October 1998 and December 2015 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 December 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 20 WEST BANK be worth now?

20 WEST BANK might now be worth an estimated £211,706.

This is based on house price inflation of 42.6%, between December 2015 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 42.6% inflationary increase is applied to the most recent sale price for 20 WEST BANK of £148,500 on 7th December 2015. For the value to have increased from £148,500 to £211,706 over the nine years to December 2024, the following assumptions must hold true:

• The value of 20 WEST BANK has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2015 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 20 WEST BANK has not materially changed since December 2015.

How Large is 20 WEST BANK?

20 WEST BANK is 68m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxilby, and where 20 WEST BANK lies on this distribution: 5% of detached houses houses are smaller than 20 WEST BANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

20 WEST BANK: Plot and Title Map

20 WEST BANK sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 20 WEST BANK, 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 20 WEST BANK). 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 20 WEST BANK?

20 WEST BANK is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 20 on WEST BANK.