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

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.

7 BARLEY LANE is a small detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £237,533. It was last sold for £240,000 in June 2023, which was around 22% 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	£305,893	22% below HPI
2019 27 FEB	£180,000	£251,576	28% below HPI
2016 25 NOV	£157,000	£219,274	28% below HPI
2004 20 OCT	£134,950	£167,970	20% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 BARLEY LANE be worth now?

7 BARLEY LANE might now be worth an estimated £237,533.

This is based on house price deflation of 1%, between June 2023 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 1% deflationary decrease is applied to the most recent sale price for 7 BARLEY LANE of £240,000 on 30th June 2023. For the value to have decreased from £240,000 to £237,533 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 7 BARLEY LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BARLEY LANE has not materially changed since June 2023.

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 houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 7 BARLEY LANE lies on this distribution: 22% of detached houses 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.