JAYS BARN, TIMBERLAND ROAD, MARTIN, LINCOLN, LN4 3QS - £295,000

JAYS BARN is a midsized detached house of 144m², built sometime between 1996 and 2002. It was last sold for £295,000 in December 2022, which was around 8% below the average December 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

JAYS BARN Sold Prices

Land registry data shows two sales for JAYS BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two JAYS BARN sales was for below the average price, whilst the other was 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
2022 21 DEC	£295,000	£320,041	8% below HPI
2002 22 MAR	£110,000	£98,131	12% above HPI

JAYS BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two JAYS BARN sales from March 2002 and December 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 March 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is JAYS BARN?

JAYS BARN is 144m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Martin, and where JAYS BARN lies on this distribution: 51% of detached houses are smaller than JAYS BARN, and 49% of houses are larger. Note that EPC data is not available for all properties in Martin.

JAYS BARN: Plot and Title Map

JAYS BARN sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of JAYS BARN, 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 JAYS BARN). 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 JAYS BARN?

JAYS BARN is located on TIMBERLAND ROAD in MARTIN, in the LN4 postcode district. The below map shows the position of JAYS BARN on TIMBERLAND ROAD.