4, WEST BANK, SAXILBY, LINCOLN, LN1 2LU - £189,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 WEST BANK is a very small detached house of 86m², built sometime between 1900 and 1929. It was last sold for £189,000 in June 2009, which was around 8% above the average June 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

4 WEST BANK Sold Prices

Land registry data shows three sales for 4 WEST BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the three 4 WEST BANK sales was for above the average price, whilst two 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
2009 19 JUN	£189,000	£175,351	8% above HPI
2004 23 JAN	£133,500	£151,338	12% below HPI
1999 29 JAN	£57,000	£67,266	15% below HPI

4 WEST BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 4 WEST BANK sales between January 1999 and June 2009 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 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2009 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 WEST BANK?

4 WEST BANK is 86m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Saxilby, based on EPC data. The below chart shows the distribution of detached houses by size in Saxilby, and where 4 WEST BANK lies on this distribution: 20% of detached houses are smaller than 4 WEST BANK, and 80% of houses are larger. Note that EPC data is not available for all properties in Saxilby.

4 WEST BANK: Plot and Title Map

4 WEST BANK sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 4 WEST BANK, 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 WEST BANK). 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 WEST BANK?

4 WEST BANK is located in SAXILBY, in the LN1 postcode district. The below map shows the position of No. 4 on WEST BANK.