3, WEST STREET, BILLINGHAY, LINCOLN, LN4 4HP - £218,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WEST STREET is a midsized detached house of 105m², built sometime before 1900. It was last sold for £218,000 in September 2022, which was around 32% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

3 WEST STREET Sold Prices

Land registry data shows three sales for 3 WEST STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 3 WEST STREET 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
2022 26 SEP	£218,000	£322,157	32% below HPI
2005 5 DEC	£142,000	£181,001	22% below HPI
2003 24 NOV	£60,000	£149,843	60% below HPI

3 WEST STREET 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 three 3 WEST STREET sales between November 2003 and September 2022 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 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 WEST STREET?

3 WEST STREET is 105m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 3 WEST STREET lies on this distribution: 47% of detached houses are smaller than 3 WEST STREET, and 52% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

3 WEST STREET: Plot and Title Map

3 WEST STREET sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 WEST STREET, 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 WEST STREET). 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 WEST STREET?

3 WEST STREET is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 3 on WEST STREET.