8, CARR GATE, BILLINGHAY, LINCOLN, LN4 4HD - £175,000

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.

8 CARR GATE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £171,083. It was last sold for £175,000 in September 2022, which was around 16% below the average September 2022 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

8 CARR GATE Sold Prices

Land registry data shows three sales for 8 CARR GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 8 CARR GATE 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
2022 22 SEP	£175,000	£208,471	16% below HPI
2020 23 OCT	£147,500	£170,526	14% below HPI
2002 26 SEP	£64,950	£71,885	10% below HPI

8 CARR GATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 8 CARR GATE sales between September 2002 and September 2022 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 October 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 CARR GATE be worth now?

8 CARR GATE might now be worth an estimated £171,083.

This is based on house price deflation of 2.2%, between September 2022 and February 2025, for semi-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 2.2% deflationary decrease is applied to the most recent sale price for 8 CARR GATE of £175,000 on 22nd September 2022. For the value to have decreased from £175,000 to £171,083 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 CARR GATE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The September 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CARR GATE has not materially changed since September 2022.

How Large is 8 CARR GATE?

8 CARR GATE is 74m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of semi-detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billinghay, and where 8 CARR GATE lies on this distribution: 12% of semi-detached houses houses are smaller than 8 CARR GATE, and 88% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

8 CARR GATE: Plot and Title Map

8 CARR GATE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 8 CARR GATE, 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 8 CARR GATE). 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 8 CARR GATE?

8 CARR GATE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 8 on CARR GATE.