48, FEN ROAD, BILLINGHAY, LINCOLN, LN4 4HU - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 FEN ROAD is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £125,000 in July 2017, which was around 47% below the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

48 FEN ROAD Sold Prices

Land registry data shows two sales for 48 FEN ROAD 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 48 FEN ROAD 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
2017 24 JUL	£125,000	£237,927	47% below HPI
2013 10 MAY	£90,000	£186,227	52% below HPI

48 FEN ROAD 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 48 FEN ROAD sales from May 2013 and July 2017 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 2013 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 48 FEN ROAD?

48 FEN ROAD is 83m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 48 FEN ROAD lies on this distribution: 18% of detached houses are smaller than 48 FEN ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

48 FEN ROAD: Plot and Title Map

48 FEN ROAD sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 48 FEN ROAD, 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 48 FEN ROAD). 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 48 FEN ROAD?

48 FEN ROAD is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 48 on FEN ROAD.