7, PRINCESS SQUARE, BILLINGHAY, LINCOLN, LN4 4EJ - £167,500

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 PRINCESS SQUARE is a very small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £219,295. It was last sold for £167,500 in September 2017, which was around 28% below the average September 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

7 PRINCESS SQUARE Sold Prices

Land registry data shows two sales for 7 PRINCESS SQUARE 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 PRINCESS SQUARE 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
2017 15 SEP	£167,500	£231,243	28% below HPI
2000 24 JUL	£57,000	£78,009	27% below HPI

7 PRINCESS SQUARE 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 PRINCESS SQUARE sales from July 2000 and September 2017 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 July 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 PRINCESS SQUARE be worth now?

7 PRINCESS SQUARE might now be worth an estimated £219,295.

This is based on house price inflation of 30.9%, between September 2017 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 30.9% inflationary increase is applied to the most recent sale price for 7 PRINCESS SQUARE of £167,500 on 15th September 2017. For the value to have increased from £167,500 to £219,295 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 PRINCESS SQUARE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2017 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PRINCESS SQUARE has not materially changed since September 2017.

How Large is 7 PRINCESS SQUARE?

7 PRINCESS SQUARE is 76m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 PRINCESS SQUARE lies on this distribution: 12% of detached houses houses are smaller than 7 PRINCESS SQUARE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

7 PRINCESS SQUARE: Plot and Title Map

7 PRINCESS SQUARE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 7 PRINCESS SQUARE, 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 PRINCESS SQUARE). 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 PRINCESS SQUARE?

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