5A, NAVIGATION LANE, CAISTOR, MARKET RASEN, LN7 6NH - £237,500

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

5A NAVIGATION LANE is a large extended detached house of 130m², built sometime between 2003 and 2006. It was last sold for £237,500 in December 2018, which was around 8% above the average December 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

5A NAVIGATION LANE Sold Prices

Land registry data shows two sales for 5A NAVIGATION LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 5A NAVIGATION LANE 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
2018 12 DEC	£237,500	£219,536	8% above HPI
2007 25 JUL	£192,500	£190,724	1% above HPI

5A NAVIGATION LANE 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 two 5A NAVIGATION LANE sales from July 2007 and December 2018 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 July 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5A NAVIGATION LANE?

5A NAVIGATION LANE is 130m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 5A NAVIGATION LANE lies on this distribution: 64% of detached houses are smaller than 5A NAVIGATION LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Caistor.

5A NAVIGATION LANE: Plot and Title Map

5A NAVIGATION LANE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 5A NAVIGATION LANE, 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 5A NAVIGATION LANE). 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 5A NAVIGATION LANE?

5A NAVIGATION LANE is located in CAISTOR, in the LN7 postcode district. The below map shows the position of No. 5A on NAVIGATION LANE.