THE WILLOWS, PANTON ROAD, EAST BARKWITH, MARKET RASEN, LN8 5LG - £325,000

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.

THE WILLOWS is a very large detached house of 229m², built sometime between 1967 and 1975, which could now be worth an estimated £422,797. It was last sold for £325,000 in July 2019, which was around 48% above the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three THE WILLOWS 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
2019 19 JUL	£325,000	£220,039	48% above HPI
2002 14 NOV	£227,500	£118,889	91% above HPI
2001 20 JUL	£235,000	£82,015	187% above HPI

THE WILLOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three THE WILLOWS sales between July 2001 and July 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 November 2002 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £422,797.

This is based on house price inflation of 30.1%, between July 2019 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.1% inflationary increase is applied to the most recent sale price for THE WILLOWS of £325,000 on 19th July 2019. For the value to have increased from £325,000 to £422,797 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since July 2019.

How Large is THE WILLOWS?

THE WILLOWS is 229m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in East Barkwith, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Barkwith, and where THE WILLOWS lies on this distribution: 89% of detached houses houses are smaller than THE WILLOWS, and 11% of houses are larger. Note that EPC data is not available for all properties in East Barkwith.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 1.0 acres, or 4,081m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on PANTON ROAD in EAST BARKWITH, in the LN8 postcode district. The below map shows the position of THE WILLOWS on PANTON ROAD.