3, ABBOTS WAY, SCOTHERN, LINCOLN, LN2 2FA - £397,500

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

3 ABBOTS WAY is a large detached house of 175m², which could now be worth an estimated £502,941. It was last sold for £397,500 in July 2018, which was around 77% above the average July 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

3 ABBOTS WAY Sold Prices

Land registry data shows two sales for 3 ABBOTS 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 3 ABBOTS WAY sales were for above 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
2018 25 JUL	£397,500	£225,186	77% above HPI
2017 28 APR	£416,500	£215,020	94% above HPI

3 ABBOTS 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 3 ABBOTS WAY sales from April 2017 and July 2018 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 2017 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the July 2018 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 3 ABBOTS WAY be worth now?

3 ABBOTS WAY might now be worth an estimated £502,941.

This is based on house price inflation of 26.5%, between July 2018 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 26.5% inflationary increase is applied to the most recent sale price for 3 ABBOTS WAY of £397,500 on 25th July 2018. For the value to have increased from £397,500 to £502,941 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 ABBOTS WAY has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2018 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ABBOTS WAY has not materially changed since July 2018.

How Large is 3 ABBOTS WAY?

3 ABBOTS WAY is 175m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scothern, and where 3 ABBOTS WAY lies on this distribution: 69% of detached houses houses are smaller than 3 ABBOTS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Scothern.

3 ABBOTS WAY: Plot and Title Map

3 ABBOTS WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 3 ABBOTS 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 3 ABBOTS 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 3 ABBOTS WAY?

3 ABBOTS WAY is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 3 on ABBOTS WAY.