5B, NAVIGATION LANE, CAISTOR, MARKET RASEN, LN7 6NH - £207,500

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

5B NAVIGATION LANE is a very large detached house of 178m², built sometime between 2003 and 2006. It was last sold for £207,500 in August 2009, which was around 16% above the average August 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

5B NAVIGATION LANE Sold Prices

Land registry data shows two sales for 5B 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 5B 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
2009 7 AUG	£207,500	£178,161	16% above HPI
2007 31 JUL	£232,500	£190,724	22% above HPI

5B 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 5B NAVIGATION LANE sales from July 2007 and August 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 July 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2009 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5B NAVIGATION LANE?

5B NAVIGATION LANE is 178m² according to the EPC inspection conducted in April 2009. This puts it in the largest 20% of detached houses in Caistor, based on EPC data. The below chart shows the distribution of detached houses by size in Caistor, and where 5B NAVIGATION LANE lies on this distribution: 89% of detached houses are smaller than 5B NAVIGATION LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Caistor.

5B NAVIGATION LANE: Plot and Title Map

5B NAVIGATION LANE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 5B 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 5B 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 5B NAVIGATION LANE?

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