27, ROMAN WAY, CAISTOR, MARKET RASEN, LN7 6LW - £187,000

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

27 ROMAN WAY is a very small detached house of 83m², which could now be worth an estimated £279,255. It was last sold for £187,000 in March 2015, which was around 2% below the average March 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

27 ROMAN WAY Sold Prices

Land registry data shows two sales for 27 ROMAN WAY 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 27 ROMAN 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
2015 27 MAR	£187,000	£190,793	2% below HPI
2012 21 DEC	£148,000	£175,594	16% below HPI

27 ROMAN WAY 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 27 ROMAN WAY sales from December 2012 and March 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 27 ROMAN WAY be worth now?

27 ROMAN WAY might now be worth an estimated £279,255.

This is based on house price inflation of 49.3%, between March 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 49.3% inflationary increase is applied to the most recent sale price for 27 ROMAN WAY of £187,000 on 27th March 2015. For the value to have increased from £187,000 to £279,255 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 27 ROMAN WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 27 ROMAN WAY has not materially changed since March 2015.

How Large is 27 ROMAN WAY?

27 ROMAN WAY is 83m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 ROMAN WAY lies on this distribution: 19% of detached houses houses are smaller than 27 ROMAN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Caistor.

27 ROMAN WAY: Plot and Title Map

27 ROMAN WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 27 ROMAN 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 27 ROMAN 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 27 ROMAN WAY?

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