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

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

8 GREETWELL LANE is a very large extended detached house of 270m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2016, which was around 136% 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	£205,241	136% above HPI
2003 8 AUG	£235,000	£142,657	65% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2016 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

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 in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 8 GREETWELL LANE lies on this distribution: 99% of detached 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.