8, GREETWELL LANE, NETTLEHAM, LINCOLN, LN2 2PN - £485,000

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 GREETWELL LANE is a very large extended detached house of 270m², built sometime between 1950 and 1966, which could now be worth an estimated £678,056. It was last sold for £485,000 in October 2016, which was around 133% above the average October 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

8 GREETWELL LANE Sold Prices

Land registry data shows two sales for 8 GREETWELL 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 West Lindsey local authority area for the corresponding sale date. Both of the two 8 GREETWELL LANE 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
2016 6 OCT	£485,000	£208,228	133% above HPI
2003 8 AUG	£235,000	£144,733	62% above HPI

8 GREETWELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 8 GREETWELL LANE sales from August 2003 and October 2016 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 August 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2016 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

What might 8 GREETWELL LANE be worth now?

8 GREETWELL LANE might now be worth an estimated £678,056.

This is based on house price inflation of 39.8%, between October 2016 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.8% inflationary increase is applied to the most recent sale price for 8 GREETWELL LANE of £485,000 on 6th October 2016. For the value to have increased from £485,000 to £678,056 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 GREETWELL LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2016 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREETWELL LANE has not materially changed since October 2016.

How Large is 8 GREETWELL LANE?

8 GREETWELL LANE is 270m², which includes three extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettleham, and where 8 GREETWELL LANE lies on this distribution: 99% of detached houses houses are smaller than 8 GREETWELL LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

8 GREETWELL LANE: Plot and Title Map

8 GREETWELL LANE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 8 GREETWELL 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 8 GREETWELL 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 8 GREETWELL LANE?

8 GREETWELL LANE is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 8 on GREETWELL LANE.