4, THE COURTYARD, BILLINGBOROUGH, SLEAFORD, NG34 0JY - £238,000

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 THE COURTYARD is a midsized detached house of 135m², built sometime between 2003 and 2006, which could now be worth an estimated £283,784. It was last sold for £238,000 in August 2019, which was around 22% below the average August 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE COURTYARD Sold Prices

Land registry data shows two sales for 4 THE COURTYARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 4 THE COURTYARD sales was for below the average price, whilst the other was roughly equal to 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
2019 15 AUG	£238,000	£305,827	22% below HPI
2007 9 MAR	£230,000	£229,832	Close to HPI

4 THE COURTYARD 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 two 4 THE COURTYARD sales from March 2007 and August 2019 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 March 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 THE COURTYARD be worth now?

4 THE COURTYARD might now be worth an estimated £283,784.

This is based on house price inflation of 19.2%, between August 2019 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 19.2% inflationary increase is applied to the most recent sale price for 4 THE COURTYARD of £238,000 on 15th August 2019. For the value to have increased from £238,000 to £283,784 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 THE COURTYARD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2019 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE COURTYARD has not materially changed since August 2019.

How Large is 4 THE COURTYARD?

4 THE COURTYARD is 135m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 4 THE COURTYARD lies on this distribution: 42% of detached houses houses are smaller than 4 THE COURTYARD, and 58% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

4 THE COURTYARD: Plot and Title Map

4 THE COURTYARD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 THE COURTYARD, 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 THE COURTYARD). 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 THE COURTYARD?

4 THE COURTYARD is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 4 on THE COURTYARD.