27, NEWBOLT CLOSE, CAISTOR, MARKET RASEN, LN7 6NY - £243,750

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.

27 NEWBOLT CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £311,641. It was last sold for £243,750 in December 2019, which was around 7% above the average December 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

27 NEWBOLT CLOSE Sold Prices

Land registry data shows four sales for 27 NEWBOLT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 27 NEWBOLT CLOSE 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
2019 6 DEC	£243,750	£227,695	7% above HPI
2016 21 OCT	£178,000	£208,228	15% below HPI
2005 29 APR	£165,000	£169,283	3% below HPI
1995 29 SEP	£54,000	£62,617	14% below HPI

27 NEWBOLT CLOSE 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 four 27 NEWBOLT CLOSE sales between September 1995 and December 2019 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 October 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 27 NEWBOLT CLOSE be worth now?

27 NEWBOLT CLOSE might now be worth an estimated £311,641.

This is based on house price inflation of 27.9%, between December 2019 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 27.9% inflationary increase is applied to the most recent sale price for 27 NEWBOLT CLOSE of £243,750 on 6th December 2019. For the value to have increased from £243,750 to £311,641 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 27 NEWBOLT CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2019 sale price of £243,750 represented a fair market value for the property.
• The size, condition, and specification of 27 NEWBOLT CLOSE has not materially changed since December 2019.

How Large is 27 NEWBOLT CLOSE?

27 NEWBOLT CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 27 NEWBOLT CLOSE lies on this distribution: 33% of detached houses houses are smaller than 27 NEWBOLT CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Caistor.

27 NEWBOLT CLOSE: Plot and Title Map

27 NEWBOLT CLOSE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 27 NEWBOLT CLOSE, 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 27 NEWBOLT CLOSE). 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 27 NEWBOLT CLOSE?

27 NEWBOLT CLOSE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 27 on NEWBOLT CLOSE.