7, FOREST PINES LANE, WOODHALL SPA, LN10 6PJ - £220,000

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 FOREST PINES LANE is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £280,519. It was last sold for £220,000 in August 2019, which was around 2% below the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 FOREST PINES LANE Sold Prices

Land registry data shows two sales for 7 FOREST PINES 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 East Lindsey local authority area for the corresponding sale date. One of the two 7 FOREST PINES LANE sales was for below the average price, whilst the other was 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
2019 30 AUG	£220,000	£224,496	2% below HPI
1999 5 NOV	£71,500	£70,347	2% above HPI

7 FOREST PINES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 7 FOREST PINES LANE sales from November 1999 and August 2019 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 November 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 FOREST PINES LANE be worth now?

7 FOREST PINES LANE might now be worth an estimated £280,519.

This is based on house price inflation of 27.5%, between August 2019 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.5% inflationary increase is applied to the most recent sale price for 7 FOREST PINES LANE of £220,000 on 30th August 2019. For the value to have increased from £220,000 to £280,519 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 7 FOREST PINES LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FOREST PINES LANE has not materially changed since August 2019.

How Large is 7 FOREST PINES LANE?

7 FOREST PINES LANE is 69m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodhall Spa, and where 7 FOREST PINES LANE lies on this distribution: 4% of detached houses houses are smaller than 7 FOREST PINES LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

7 FOREST PINES LANE: Plot and Title Map

7 FOREST PINES LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 7 FOREST PINES 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 FOREST PINES 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 FOREST PINES LANE?

7 FOREST PINES LANE is located in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of No. 7 on FOREST PINES LANE.