8, WESTFIELD APPROACH, NORTH GREETWELL, LINCOLN, LN2 4RQ - £198,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WESTFIELD APPROACH is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £218,106. It was last sold for £198,500 in August 2021, which was around 23% below the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

8 WESTFIELD APPROACH Sold Prices

Land registry data shows four sales for 8 WESTFIELD APPROACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 8 WESTFIELD APPROACH 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
2021 26 AUG	£198,500	£259,307	23% below HPI
2016 8 AUG	£167,000	£205,407	19% below HPI
2015 4 JUN	£167,500	£190,932	12% below HPI
2007 26 JUN	£152,500	£188,580	19% below HPI

8 WESTFIELD APPROACH 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 four 8 WESTFIELD APPROACH sales between June 2007 and August 2021 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 WESTFIELD APPROACH be worth now?

8 WESTFIELD APPROACH might now be worth an estimated £218,106.

This is based on house price inflation of 9.9%, between August 2021 and December 2024, 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 9.9% inflationary increase is applied to the most recent sale price for 8 WESTFIELD APPROACH of £198,500 on 26th August 2021. For the value to have increased from £198,500 to £218,106 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 WESTFIELD APPROACH has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2021 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WESTFIELD APPROACH has not materially changed since August 2021.

How Large is 8 WESTFIELD APPROACH?

8 WESTFIELD APPROACH is 69m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses houses in North Greetwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Greetwell, and where 8 WESTFIELD APPROACH lies on this distribution: 6% of detached houses houses are smaller than 8 WESTFIELD APPROACH, and 93% of houses are larger. Note that EPC data is not available for all properties in North Greetwell.

8 WESTFIELD APPROACH: Plot and Title Map

8 WESTFIELD APPROACH sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 WESTFIELD APPROACH, 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 WESTFIELD APPROACH). 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 WESTFIELD APPROACH?

8 WESTFIELD APPROACH is located in NORTH GREETWELL, in the LN2 postcode district. The below map shows the position of No. 8 on WESTFIELD APPROACH.