FAIR VIEW, FERRY ROAD, SOUTHREY, LINCOLN, LN3 5TA - £176,000

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

FAIR VIEW is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £220,379. It was last sold for £176,000 in April 2019, which was around 23% below the average April 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was A.

FAIR VIEW Sold Prices

Land registry data shows four sales for FAIR VIEW 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 FAIR VIEW 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
2019 18 APR	£176,000	£227,543	23% below HPI
2013 6 SEP	£155,000	£182,973	15% below HPI
2004 10 DEC	£151,500	£173,959	13% below HPI
2003 29 AUG	£113,000	£144,733	22% below HPI

FAIR VIEW 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 FAIR VIEW sales between August 2003 and April 2019 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 September 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might FAIR VIEW be worth now?

FAIR VIEW might now be worth an estimated £220,379.

This is based on house price inflation of 25.2%, between April 2019 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 25.2% inflationary increase is applied to the most recent sale price for FAIR VIEW of £176,000 on 18th April 2019. For the value to have increased from £176,000 to £220,379 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of FAIR VIEW has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2019 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of FAIR VIEW has not materially changed since April 2019.

How Large is FAIR VIEW?

FAIR VIEW is 82m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Southrey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southrey, and where FAIR VIEW lies on this distribution: 14% of detached houses houses are smaller than FAIR VIEW, and 80% of houses are larger. Note that EPC data is not available for all properties in Southrey.

FAIR VIEW: Plot and Title Map

FAIR VIEW sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of FAIR VIEW, 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 FAIR VIEW). 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 FAIR VIEW?

FAIR VIEW is located on FERRY ROAD in SOUTHREY, in the LN3 postcode district. The below map shows the position of FAIR VIEW on FERRY ROAD.