7, MEADOW WAY, BILLINGHAY, LINCOLN, LN4 4EB - £170,000

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 MEADOW WAY is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £170,000 in August 2015, which was around 18% below the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

7 MEADOW WAY Sold Prices

Land registry data shows four sales for 7 MEADOW WAY 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 MEADOW WAY 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
2015 10 AUG	£170,000	£208,390	18% below HPI
2002 15 NOV	£98,000	£122,156	20% below HPI
2001 31 AUG	£67,000	£86,657	23% below HPI
1997 21 AUG	£57,237	£66,529	14% below HPI

7 MEADOW WAY 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 MEADOW WAY sales between August 1997 and August 2015 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 MEADOW WAY?

7 MEADOW WAY is 67m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 MEADOW WAY lies on this distribution: 6% of detached houses are smaller than 7 MEADOW WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

7 MEADOW WAY: Plot and Title Map

7 MEADOW WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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