4, KING STREET, BILLINGHAY, LINCOLN, LN4 4HJ - £180,000

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.

4 KING STREET is a small extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £190,713. It was last sold for £180,000 in December 2021, which was around 37% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

4 KING STREET Sold Prices

Land registry data shows two sales for 4 KING STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 4 KING 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 17 DEC	£180,000	£285,742	37% below HPI
2017 13 JAN	£130,000	£222,916	42% below HPI

4 KING 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 two 4 KING STREET sales from January 2017 and December 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 January 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 KING STREET be worth now?

4 KING STREET might now be worth an estimated £190,713.

This is based on house price inflation of 6%, between December 2021 and February 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 6% inflationary increase is applied to the most recent sale price for 4 KING STREET of £180,000 on 17th December 2021. For the value to have increased from £180,000 to £190,713 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 KING STREET has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KING STREET has not materially changed since December 2021.

How Large is 4 KING STREET?

4 KING STREET is 95m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 4 KING STREET lies on this distribution: 32% of detached houses houses are smaller than 4 KING STREET, and 65% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

4 KING STREET: Plot and Title Map

4 KING STREET sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 KING 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 4 KING 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 4 KING STREET?

4 KING STREET is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 4 on KING STREET.