7, BARLEY LANE, BILLINGHAY, LINCOLN, LN4 4GW - £240,000

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

7 BARLEY LANE is a small detached house of 86m², built sometime between 2003 and 2006. It was last sold for £240,000 in June 2023, which was around 23% below the average June 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

7 BARLEY LANE Sold Prices

Land registry data shows four sales for 7 BARLEY 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 7 BARLEY 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
2023 30 JUN	£240,000	£309,817	23% below HPI
2019 27 FEB	£180,000	£254,803	29% below HPI
2016 25 NOV	£157,000	£222,087	29% below HPI
2004 20 OCT	£134,950	£170,125	21% below HPI

7 BARLEY 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 7 BARLEY LANE sales between October 2004 and June 2023 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 BARLEY LANE?

7 BARLEY LANE is 86m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 7 BARLEY LANE lies on this distribution: 22% of detached houses are smaller than 7 BARLEY LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

7 BARLEY LANE: Plot and Title Map

7 BARLEY LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 7 BARLEY 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 7 BARLEY 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 7 BARLEY LANE?

7 BARLEY LANE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 7 on BARLEY LANE.