6, WILLOW LANE, BILLINGHAY, LINCOLN, LN4 4FN - £196,000

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.

6 WILLOW LANE is a very small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £186,229. It was last sold for £196,000 in October 2022, which was around 38% below the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

6 WILLOW LANE Sold Prices

Land registry data shows four sales for 6 WILLOW LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 6 WILLOW LANE 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
2022 31 OCT	£196,000	£318,633	38% below HPI
2022 25 FEB	£191,000	£291,236	34% below HPI
2017 23 MAR	£151,000	£228,560	34% below HPI
2005 28 OCT	£139,950	£177,031	21% below HPI

6 WILLOW LANE 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 four 6 WILLOW LANE sales between October 2005 and October 2022 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 February 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 6 WILLOW LANE be worth now?

6 WILLOW LANE might now be worth an estimated £186,229.

This is based on house price deflation of 5%, between October 2022 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% deflationary decrease is applied to the most recent sale price for 6 WILLOW LANE of £196,000 on 31st October 2022. For the value to have decreased from £196,000 to £186,229 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 WILLOW LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2022 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WILLOW LANE has not materially changed since October 2022.

How Large is 6 WILLOW LANE?

6 WILLOW LANE is 77m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 6 WILLOW LANE lies on this distribution: 14% of detached houses houses are smaller than 6 WILLOW LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

6 WILLOW LANE: Plot and Title Map

6 WILLOW LANE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 6 WILLOW 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 6 WILLOW 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 6 WILLOW LANE?

6 WILLOW LANE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 6 on WILLOW LANE.