7, MAIN STREET, TIMBERLAND, LINCOLN, LN4 3RZ - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MAIN STREET is a very large extended detached house of 236m², built sometime before 1900, which could now be worth an estimated £440,409. It was last sold for £435,000 in March 2024, which was around 49% above the average March 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

7 MAIN STREET Sold Prices

Land registry data shows two sales for 7 MAIN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 7 MAIN STREET 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
2024 21 MAR	£435,000	£291,024	49% above HPI
2017 19 JAN	£300,000	£222,916	35% above HPI

7 MAIN STREET 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 two 7 MAIN STREET sales from January 2017 and March 2024 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 January 2017 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 MAIN STREET be worth now?

7 MAIN STREET might now be worth an estimated £440,409.

This is based on house price inflation of 1.2%, between March 2024 and December 2024, 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 1.2% inflationary increase is applied to the most recent sale price for 7 MAIN STREET of £435,000 on 21st March 2024. For the value to have increased from £435,000 to £440,409 over the three months to December 2024, the following assumptions must hold true:

• The value of 7 MAIN STREET has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2024 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAIN STREET has not materially changed since March 2024.

How Large is 7 MAIN STREET?

7 MAIN STREET is 236m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Timberland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Timberland, and where 7 MAIN STREET lies on this distribution: 88% of detached houses houses are smaller than 7 MAIN STREET, and 12% of houses are larger. Note that EPC data is not available for all properties in Timberland.

7 MAIN STREET: Plot and Title Map

7 MAIN STREET sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 7 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

7 MAIN STREET is located in TIMBERLAND, in the LN4 postcode district. The below map shows the position of No. 7 on MAIN STREET.