39, VINE STREET, BILLINGBOROUGH, SLEAFORD, NG34 0QE - £218,000

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.

39 VINE STREET is a very small extended detached house of 89m², built sometime before 1900, which could now be worth an estimated £245,421. It was last sold for £218,000 in February 2021, which was around 33% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was B.

39 VINE STREET Sold Prices

Land registry data shows four sales for 39 VINE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 39 VINE 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
2021 8 FEB	£218,000	£323,915	33% below HPI
2006 18 SEP	£190,000	£230,915	18% below HPI
2001 22 JUN	£85,750	£118,885	28% below HPI
2000 12 MAY	£50,000	£100,640	50% below HPI

39 VINE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 39 VINE STREET sales between May 2000 and February 2021 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 September 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 39 VINE STREET be worth now?

39 VINE STREET might now be worth an estimated £245,421.

This is based on house price inflation of 12.6%, between February 2021 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 39 VINE STREET of £218,000 on 8th February 2021. For the value to have increased from £218,000 to £245,421 over the four years to February 2025, the following assumptions must hold true:

• The value of 39 VINE STREET has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 39 VINE STREET has not materially changed since February 2021.

How Large is 39 VINE STREET?

39 VINE STREET is 89m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingborough, and where 39 VINE STREET lies on this distribution: 11% of detached houses houses are smaller than 39 VINE STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

39 VINE STREET: Plot and Title Map

39 VINE STREET sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 39 VINE 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 39 VINE 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 39 VINE STREET?

39 VINE STREET is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 39 on VINE STREET.