23, CANBERRA WAY, SKELLINGTHORPE, LINCOLN, LN6 5TJ - £224,000

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

23 CANBERRA WAY is a very small detached house of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £226,543. It was last sold for £224,000 in November 2024, which was around 25% below the average November 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

23 CANBERRA WAY Sold Prices

Land registry data shows four sales for 23 CANBERRA WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 23 CANBERRA WAY 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
2024 29 NOV	£224,000	£299,350	25% below HPI
2010 20 AUG	£138,000	£181,513	24% below HPI
2010 19 MAR	£148,000	£178,601	17% below HPI
1996 4 DEC	£57,889	£62,865	8% below HPI

23 CANBERRA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 23 CANBERRA WAY sales between December 1996 and November 2024 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 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 CANBERRA WAY be worth now?

23 CANBERRA WAY might now be worth an estimated £226,543.

This is based on house price inflation of 1.1%, between November 2024 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 23 CANBERRA WAY of £224,000 on 29th November 2024. For the value to have increased from £224,000 to £226,543 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 23 CANBERRA WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2024 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CANBERRA WAY has not materially changed since November 2024.

How Large is 23 CANBERRA WAY?

23 CANBERRA WAY is 63m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 23 CANBERRA WAY lies on this distribution: 6% of detached houses houses are smaller than 23 CANBERRA WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

23 CANBERRA WAY: Plot and Title Map

23 CANBERRA WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 23 CANBERRA WAY, 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 23 CANBERRA WAY). 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 23 CANBERRA WAY?

23 CANBERRA WAY is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 23 on CANBERRA WAY.