4, LILLEY STREET, LONG BENNINGTON, NEWARK, NG23 5EJ - £550,000

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 LILLEY STREET is a large extended detached house of 192m², built sometime between 1976 and 1982, which could now be worth an estimated £557,030. It was last sold for £550,000 in September 2024, which was around 53% above the average September 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

4 LILLEY STREET Sold Prices

Land registry data shows four sales for 4 LILLEY 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. Most of the four 4 LILLEY STREET 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
2024 5 SEP	£550,000	£360,057	53% above HPI
2023 12 MAY	£580,000	£359,682	61% above HPI
2015 19 FEB	£240,000	£232,825	3% above HPI
2003 24 JAN	£60,000	£167,057	64% below HPI

4 LILLEY 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 4 LILLEY STREET sales between January 2003 and September 2024 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 May 2023 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the September 2024 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 4 LILLEY STREET be worth now?

4 LILLEY STREET might now be worth an estimated £557,030.

This is based on house price inflation of 1.3%, between September 2024 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 1.3% inflationary increase is applied to the most recent sale price for 4 LILLEY STREET of £550,000 on 5th September 2024. For the value to have increased from £550,000 to £557,030 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 4 LILLEY STREET has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LILLEY STREET has not materially changed since September 2024.

How Large is 4 LILLEY STREET?

4 LILLEY STREET is 192m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Bennington, and where 4 LILLEY STREET lies on this distribution: 73% of detached houses houses are smaller than 4 LILLEY STREET, and 26% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

4 LILLEY STREET: Plot and Title Map

4 LILLEY STREET sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 4 LILLEY 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 LILLEY 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 LILLEY STREET?

4 LILLEY STREET is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 4 on LILLEY STREET.