3, CHURCH WALK, HARMSTON, LINCOLN, LN5 9GD - £355,000

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.

3 CHURCH WALK is a large extended detached house of 197m², built sometime between 1996 and 2002, which could now be worth an estimated £510,445. It was last sold for £355,000 in March 2016, which was around 66% above the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

3 CHURCH WALK Sold Prices

Land registry data shows four sales for 3 CHURCH WALK 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 3 CHURCH WALK 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
2016 2 MAR	£355,000	£214,091	66% above HPI
2005 2 AUG	£291,000	£178,974	63% above HPI
2002 14 JUN	£249,500	£103,693	141% above HPI
1998 3 AUG	£148,000	£66,036	124% above HPI

3 CHURCH WALK 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 3 CHURCH WALK sales between August 1998 and March 2016 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 2005 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2016 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 3 CHURCH WALK be worth now?

3 CHURCH WALK might now be worth an estimated £510,445.

This is based on house price inflation of 43.8%, between March 2016 and March 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 43.8% inflationary increase is applied to the most recent sale price for 3 CHURCH WALK of £355,000 on 2nd March 2016. For the value to have increased from £355,000 to £510,445 over the nine years to March 2025, the following assumptions must hold true:

• The value of 3 CHURCH WALK has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHURCH WALK has not materially changed since March 2016.

How Large is 3 CHURCH WALK?

3 CHURCH WALK is 197m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmston, and where 3 CHURCH WALK lies on this distribution: 70% of detached houses houses are smaller than 3 CHURCH WALK, and 30% of houses are larger. Note that EPC data is not available for all properties in Harmston.

3 CHURCH WALK: Plot and Title Map

3 CHURCH WALK sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 CHURCH WALK, 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 CHURCH WALK). 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 CHURCH WALK?

3 CHURCH WALK is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 3 on CHURCH WALK.